Our Offering

The Performance and Risk Association prides itself on providing the most up to date, relevant training for the performance measurement industry, using the best trainers.  If you would like to attend one of our training courses, please contact Laetitia Semmel on +44 (0) 20 7336 4600 or email Laetitia_Semmel@osneymedia.com.

Introduction to Performance Measurement and Attribution

The course is designed for people within performance measurement teams, IT managers, investment managers, equity and fixed income analysts, marketing managers, IT managers, fund managers, portfolio managers and trustees and administrators.

Delegates attending this course will:

}   Gain priceless experience of performance measurement and attribution in just two days out of the office

}   Produce and interpret a variety of performance measurement reports

}   Implement the practical techniques mastered on return to the office

}   Gain valuable experience of using the spreadsheets and how they can be interpreted

}   Improve productivity by overcoming the “cut and paste syndrome” by understanding the fundamental principles underlying performance measurement and attribution

}   Improve performance reporting by understand the limitations and potential problem areas in performance measurement (exchange rates, weighting, accruals, etc.)

}   PDF Download: Introduction to Performance Measurement and Attribution

}   Prices: £1,699 + VAT per person. This includes full documentation, lunch and refreshments.

Intermediate Performance Measurement and Attribution

The course is a progression on our Introduction course but is also an independent unit. The course begins with an overview of the basics, using a worked example calculating Modified Dietz returns to be linked over time. The course progresses onto the implications of derivatives

and foreign exchange contracts on the calculations, the calculation and use of associated economic exposure and detailed multi-currency attributions.

The more advanced areas of performance measurement are introduced including:

}   Modern Portfolio Theory

}   The concepts behind the Basic Risk Measures

}   Fixed Income Attribution

}   The importance of the GIPS and AIMR standards and their practical implications

}   PDF Download: Intermediate Performance Measurement and Attribution

}   Prices: £1,699 + VAT per person. This includes full documentation, lunch and refreshments.

Derivatives in Performance Measurement

The course provides delegates with a comprehensive understanding of the key concepts of Derivatives within the framework of Performance Measurement. Practical workshop sessions with pc based training help to replicate the real life work situation and embed the concepts.

Delegates attending this course will:

Delegates and their employers will benefit in a number

of ways, including:

}   Gaining priceless experience of derivatives within performance measurement and attribution

}   Interpreting and understanding a variety of derivative products

}   Improving performance and attribution reporting by understand the limitations and potential problem areas in derivatives

}   Implementing the practical techniques mastered on return to the office

}   Gaining valuable experience of using the spreadsheets and how they can be interpreted

}   Improving productivity by overcoming the “cut and paste syndrome” by understanding the fundamental principles underlying derivatives

}   PDF Download: Derivatives in Performance Measurement

}   Prices: £1,699 + VAT per person. This includes full documentation, lunch and refreshments.

The PRA Guide to Fixed Income Attribution

A comprehensive understanding of fixed income attribution and the challenging data issues around this topic

Delegates attending this course will:

}   Gain an overview of the different methodologies

}   Understand the key fixed income terms

}   Discover how a fixed income manager operates differently to an equity manager

}   Calculate key fixed income effects

}   Find out how the yield curve plays its role

}   Learn about Corporates Vs. Governments

}   Understand embedded options

}   Understand and meet the challenges of data collection

}   PDF Download: The PRA Guide to Fixed Income Attribution

}   Prices: £999 + VAT per person. This includes full documentation, lunch and refreshments.

}   Book Online

Performance Measurement for Client Reporting Teams

A comprehensive understanding of the key concepts of Performance Measurement within the framework of Client Reporting.

Delegates and their employers will benefit in a number of ways, including:

}   Gaining priceless experience of performance within a client reporting environment

}   Interpreting a variety of performance techniques and methodologies

}   Implementing the practical techniques mastered on return to the office

}   Gaining valuable experience of using the spreadsheets and how they can be interpreted

}   Improving productivity by overcoming the “cut and paste syndrome” by understanding the fundamental principles underlying performance

}   Improving performance and attribution reporting by understanding the limitations and potential problem areas

}   PDF Download: Performance Measurement for Client Reporting Teams

}   Prices: £1,699 + VAT per person. This includes full documentation, lunch and refreshments.

GIPS

This is an intensive one day course which will offer attendees an insight into GIPS and its impact on asset management firms. In the early part of the day participants

will gain an understanding of how the GIPS code came into being and its importance to asset managers worldwide.

Introduction to GIPS:

}   Why does the industry need GIPS

}   The Evolution of GIPS

}   GIPS Objectives

}   GIPS Standards and the Impact on Asset Managers and Asset Owners

}   GIPS Adoption and Progress

}   GIPS Governance Structure

}   Summary of the GIPS Code

}   Overview of GIPS Guidance Statements

}   Examination of typical GIPS Verification and Reverification Exercises

}   The Future of GIPS – 2010 and beyond

}   Prices: £999 + VAT per person. This includes full documentation, lunch and refreshments.

PRA Guide to Fixed Income, Derivatives and Risk-adjusted Attribution

The course provides delegates with a comprehensive understanding of Advanced Attribution within the framework of Performance Measurement. Practical workshop sessions with pc based training to replicate the real life work situation help to embed the concepts.

The course includes sessions on:

}   Introduction to Attribution-basic concepts

}   Stock-level attribution

}   Fixed Income Attribution

}   Risk-Adjusted Attribution

}   Derivatives and Attribution

}   Classification standards and Attribution (GICS and ICB)

}   Treatment of Alternatives in Attribution

}   Linking Algorithms

}   Prices: £1,699 + VAT per person. This includes full documentation, lunch and refreshments.