Balance sheet management requires a thorough understanding of the strategic objectives, constraints, the regulatory environment and future challenges of various types of institutional investors. Balance sheet objectives and risks are subsequently translated into a deeper understanding of the key risk exposures of these investors. Risks can be managed on either side of the balance sheet, with a dominant role for dynamic investment strategies and financial derivatives to alter the balance sheet’s risk profile. Participants get to test their knowledge by addressing realistic balance sheet management case studies.
• Gaining insight into various types of institutional investors, their stakeholders and requirements with respect to balance sheet management
• Translating top-down balance sheet management approach into investment strategy
• Understanding the importance of consistency in the process from ALM study to implementing investment solutions
• Getting to know the future of balance sheet management as a result of the new Dutch pension reform act
• Understanding the interaction between investment management, insurance risk, capital management and ALM for insurers
• Understanding which instruments and strategies contribute to sound balance sheet management
• Identifying, managing and monitoring key risks and risk synergies in balance sheet management and instruments used in balance sheet management
• Understanding how to implement balance sheet management by focusing on real-life cases for various types of institutions
• Getting to know various types of institutional investors, their regulatory environment, key objectives and risks
• Translating the key balance sheet risks into investment and risk management objectives
• The effectiveness of investment solutions, dynamic strategies and financial derivatives to manage the key balance sheet risks
• Real-life case studies for a number of different institutional investors
Ideally you are a mid to senior career professional. Typically you work as:
• investment manager
• portfolio manager
• risk manager
• investment administrator
• investment advisor
• fiduciary manager
• client manager
Participants could also work in a capacity of trustee, work for a regulatory authority or hold a supervisory position.
The module is expected to be scheduled to start in 2025. The exact dates are still to be determined and will be posted shortly.
Cost of Learn module(s):
1 module 2.295 euro
2 modules or more 2.195 euro per module
For members of CFA Society Netherlands:
1 module 2.050 euro
2 modules or more 1.950 euro per module
Full RBA program:
per module 2.000 euro
Employers who would like to enroll several employees may receive a customised offer.