Description
Instructor(s)/Supervisor(s)/Coordinator(s): Zhanhui CHEN, Yingying LIThis course begins with the central idea of asset pricing theory regarding risk-return trade-off and continues with asset allocation decisions and modern portfolio theories. Using primary asset markets of stocks and bonds as the battle field, it presents concepts and methodologies of identifying market-wide factors and factor betas as measures of risks and risk exposures. It also discusses popular trading strategies of capturing alphas associated with firm-specific attributes.