University of Technology Sydney

25936 Funds Management

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2021 is available in the Archives.

UTS: Business: Finance
Credit points: 6 cp

Subject level:


Result type: Grade and marks

There are course requisites for this subject. See access conditions.


This subject presents the theories and practice of managing investment funds. It introduces students to the institutional arrangements for funds management and regulation. It develops analytical skills in assessing investment strategies, modelling uncertainty, and constructing portfolios with different investment mandates. Students gain hands-on experience in developing and implementing investment strategies.

Subject learning objectives (SLOs)

Upon successful completion of this subject students should be able to:
1. Demonstrate a broad understanding of the funds management industry and its social responsibility
2. Demonstrate a sound understanding of investment strategies and implementation
3. Demonstrate a broad understanding of alternative asset classes and global markets
4. Demonstrate the ability to conduct empirical analysis of investment strategies and performance

Contribution to the development of graduate attributes

This subject introduces students to the theories and practice of funds management. It contributes particularly to the development of the following graduate attributes:

  1. Business knowledge and concepts
  2. Critical thinking, creativity and analytical skills
  3. Attitudes and values
  4. Business practice oriented skills

Teaching and learning strategies

Students will have pre-readings to complete before in class lectures/seminars and discussions. A significant portion of face-to-face class time will be devoted to projects/case studies as well as interaction with industry speakers.

Content (topics)

  1. Asset allocation decisions
  2. Active strategies
  3. Alternative asset classes
  4. Transaction costs and execution
  5. Performance valuation and attribution
  6. Risk and return profiles of hedge funds


Assessment task 1: In-class tests (Individual)


This addresses subject learning objective(s):

1, 2 and 3

Weight: 40%

Assessment task 2: Assignments (Individual)


This addresses subject learning objective(s):

1, 2, 3 and 4

Weight: 40%

Assessment task 3: Research proposal (Individual)


This addresses subject learning objective(s):

1, 2 and 3

Weight: 20%

Minimum requirements

Students must achieve at least 50% of the subject’s total marks.

Required texts