Fall 2024 Finance B8361 section 001

Managing Large Pools of Assets for Famil

Managing Large Pools of A

Call Number 16744
Day & Time
Location
T 2:20pm-5:35pm
840 Kravis Hall
Points 3
Grading Mode Standard
Approvals Required None
Instructors Brian P Waterhouse
Adam J Shapiro
Type LECTURE
Method of Instruction In-Person
Course Description

This course will teach students how to construct investment portfolios for various asset allocation purposes (family offices, endowments, foundations, etc.).  The course will teach the history and evolution of the asset allocation industry and its varying schools of thought. The professors will draw on their own insights and frameworks developed at East Rock Capital and several industry practitioner guest speakers. Students will learn how to identify high-conviction investment opportunities in established and emerging managers and direct investment opportunities and how to construct diversified portfolios focused on long-term wealth creation rather than short-term performance.  By the end of the class the students will have a strong foundation to start their careers in asset allocation.

The course will focus on identifying specialized managers. Students will analyze case studies of both direct and indirect investments and learn strategies for conducting thorough due diligence. A significant component of the course will involve portfolio construction techniques. Students will learn how to categorize holdings into appropriate buckets (e.g., "Generational Assets," "Liquid Assets," and "Family-Directed Assets") to balance risk, return, and investment goals.

The objective is to equip students with practical frameworks for sophisticated wealth management tailored to multi-generational family investors.

The course will meet weekly, and preparation for each class is critical.  We will have several outside speakers to research each week and weekly reading assignments based on that week’s module.   The final exam will be a semester-long project to put everything we have learned all semester to work. 

This course is most relevant for students interested in asset allocation, wealth management, running a family office, and investing. It is an application-based course that is not open to the bidding process.

Web Site Vergil
Department Finance
Enrollment 20 students (50 max) as of 5:05PM Sunday, December 8, 2024
Subject Finance
Number B8361
Section 001
Division School of Business
Open To Business
Section key 20243FINC8361B001