Training in financial investment management and optimisation as well as financial risk management

Two training sessions have been organised in October 2023 at the Banque Centrale du Congo (BCC) for executives in charge of managing the financial investments of the BCC pension fund.

The proposed programme is structured as follows:

• A reminder of the Markowitz model: optimal portfolio composition, portfolio risk reduction;
• Presentation of the main traditional financial assets, valuation methods, underlying risks and specific operational/execution risks, derivatives: overview of possible investments and analysis with the participants of the relevance, constraints and advantages as well as the risks associated with each asset class presented;
• Some 'new' asset classes, more or less established and stabilised;
• **Focus on guarantee/collateralisation mechanisms **(derivatives and financial liabilities);
• Governance and risk control, setting up, organising and running an investment committee, ALM (Asset and Liability Management) for a pension fund.

Mobilisation of an expert in financial investment optimisation, risk management and ALM management for a pension fund to prepare and run the two 3-days sessions.