17779 Investment Asset Allocation6cp; block mode
Requisite(s): 25742 Financial Management
This subject studies the underlying principles of assembling a mixture of assets in a portfolio. It examines the principles of diversification, risk and return within the practical application of property asset allocation in a current setting. Asset allocation provides the discipline to portfolio management and the subject examines the rationale of passive and active asset allocation strategies. This subject examines Australia's property investment industry, analysing alternative investment structures and their benefits and weaknesses within a portfolio context. It is designed to provide the foundation for understanding how property performs in a diversified portfolio.
The subject undertakes a review of economic and financial cycles and how they impact upon property asset allocation and portfolio performance. Students gain an understanding of how external factors impact on various property investments and the influence of these factors on the asset allocation decision process. The role of gearing in both its cost and availability is examined in the context of both passive and active asset allocation strategies. This subject equips students to design a portfolio within a defined asset allocation strategy.
Spring session, City campus
Detailed subject description.