Framework of Institutional Investing

This Learning Path, which offers 3.0 continuing education credits, is for those who want to build on institutional investing foundational learning, and is comprised of three courses answering the following questions:

• What is a fiduciary?
• What are capital markets and asset classes?
• When, why, and how do investment manager searches happen?
• What are investment committee best practices?  

Duration: ~3 hours

(Note: there is a separate learning path specifically for investment management interns)

Subjects covered in these courses include: definition of fiduciary, defined contribution (DC) vs. defined benefit (DB), modern portfolio theory, capital markets theory and asset allocation, historical risk aversion, the power of diversification, portfolio mean-variance optimization, the importance of a structured manager search process, comparison of public (e.g. stocks, bonds) vs. private market (alternatives, real assets) searches, quantitative vs. qualitative factors, peer group rankings analysis, risk and performance metrics, and style analysis. 

Certain information herein has been compiled by Callan and is based on information provided by a variety of sources believed to be reliable for which Callan has not necessarily verified the accuracy or completeness of this publication. This report is for informational purposes only and should not be construed as legal or tax advice on any matter. Any investment decision you make on the basis of this report is your sole responsibility. You should consult with legal and tax advisers before applying any of this information to your particular situation. Reference in this report to any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan. Past performance is no guarantee of future results. This report may consist of statements of opinion, which are made as of the date they are expressed and are not statements of fact. Reference to or inclusion in this report of any product, service or entity should not be construed as a recommendation, approval, affiliation or endorsement of such product, service or entity by Callan.

The Callan Institute (the “Institute”) is, and will be, the sole owner and copyright holder of all material prepared or developed by the Institute. No party has the right to reproduce, revise, resell, disseminate externally, disseminate to any affiliate firms, or post on internal websites any part of any material prepared or developed by the Institute, without the Institute’s permission. Institute clients only have the right to utilize such material internally in their business.

Any mention of a specific company or organization should not be considered an endorsement or advice.