CFA/EFPA (EFA/EFP/EIP) Advanced Course

#2 ONLINE COURSE - Advanced Tecniques for Portfolio Management with Certificates  --- REGISTER

Accredited for maintaining EFPA certification (3 hours/credits) levels  EFA, EFP, EIP e ESG Advisor, EIS, PPF, PPS, PMK, EPS, EAI 
Accredited CFA Society Italy* for 3 credits
Teachers: Pierpaolo Scandurra and Giovanna Zanotti

The leverage certificates

  • The portfolio hedging
  • Fixed leverage certificates
  • Their use and common errors
  • The compounding effect
  • Dynamic leverage certificates, types of
  • Portfolio hedging, calculation


The conditional protected certificates
Capital protected certificates conditioned as an instrument to obtain the binomial protection and yield:
autocallability, coupon flow, variables that affect price volatility

  • Phoenix, Phoenix memory, Phoenix memory, Phoenix memory airbag
  • Bonus Cap vs Cash collect: investment targets and market expectations
  • Phoenix vs Phoenix maxi Coupon
  • Switch from bond to certificate
  • Switch to equity recovery and between certificates: tailor-made solutions for the recovery of non-performing positions
Portfolios in certificates
Portfolio in certificates: construction and scenario analysis of portfolios built to optimize performance and reduce risk
*CFA Society Italy has determined that this program qualifies for PL credit hour(s) under the guidelines of the CFA Institute Professional Learning program. If you are a CFA Institute member, you can self report PL credit(s) for your participation accessing the PL tracking tool through your account on the CFA Institute website. One credit hour is equal to one hour (60 minutes) of educational activity.