Finance and TreasuryPortfolio Management and Hedging
This course covers protecting a portfolio against identified risks without destroying the return it exists to produce. Delegates work through exposure identification, the instruments available for hedging equity, interest rate and currency risk, hedge ratio determination and the residual basis risk that remains, and the cost of a hedge measured properly against the exposure it removes. Practical attention goes to the decision of what not to hedge, to the accounting and disclosure consequences of a hedge, and to the constrained instrument availability in many African markets.
Course objectives
- Identify and quantify the exposures within a portfolio
- Select instruments to hedge equity, interest rate and currency risk
- Determine a hedge ratio and quantify residual basis risk
- Measure the cost of a hedge against the exposure removed
- Decide deliberately what not to hedge
- Assess the accounting and disclosure consequences of hedging
- Work within constrained instrument availability in African markets
Who should attend
- Portfolio and asset managers
- Treasury professionals
- Risk managers in investment institutions
- Pension fund staff and trustees
- Finance managers with market exposure
Course outline
- 01Exposure identification and quantification
- 02Hedging instruments for equity, rate and currency risk
- 03Hedge ratios and basis risk
- 04The true cost of a hedge
- 05Deciding what not to hedge
- 06Accounting and disclosure consequences
- 07Instrument availability in African markets
- 08Monitoring a hedge over its life
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 16 to 20 November 2026 | Online | Online | R8,500 per delegate | Register Now |
| 11 to 15 January 2027 | Pretoria, South Africa | Classroom | R19,950 per delegate | Register Now |
| 8 to 12 March 2027 | Johannesburg, South Africa | Classroom | R19,950 per delegate | Register Now |
| 15 to 19 March 2027 | Kigali, Rwanda | Classroom | USD 1,325 per delegate | Register Now |