為因應國內環境變化以及全球金融市場發展趨勢，金融監督管理委員會(以下簡稱金管會)於102年推出「鼓勵境外基金深耕計畫」，藉由引進境外基金機構之資金與技術投入，以提升我國資產管理之整體競爭力，並於104年指定財團法人中華民國證券暨期貨市場發展基金會(以下簡稱本基金會)於105年成立「人才培育與產業發展基金」專款專用，據以推行相關活動以提升我國資產管理之整體競爭力。
    本計畫為資產管理人才培育與產業發展基金2017年工作計畫之一，亦為106年第一場之國際型訓練活動，未來將因應金融政策推動與廠發展之需要持續辦理主題式研習課程。本計畫之指導單位為金融監督管理委員會，本基金會為承辦單位，訓練主題包括了：「智慧型投資策略」、「國際資產管理實務與風險管理」以及「避險基金操作實務」等。分別邀請多位國內外專家學者專程來台擔任講席分享最新資產管理實務與新知，期能提升我國資產管理人才職能。

1. 【Day 1 : 智選指數 (Smart Beta) 】



Betty T.P. Chen, CFA
Vice President, Head of ETF Business Development
Index and Quantitative Investment Division
Yuanta Securities Investment Trust Co. Ltd, Taiwan

Betty Chen is the VP and the Head of ETF Business Development in Yuanta Funds overseeing domestic and off-shore institutional client coverage teams servicing clients in the Asia-Pacific regions. Our team specializes in ETF capital market solutions, ETF fund distribution and post-sale products promotion and client services. We also co-work closely with Asset Owner to develop customized index solutions and provide discretionary portfolio solutions to tailor their special needs. Our business development team also conducts securities lending business, providing in-house alternative ETF trading strategies and offering ETF advisory services to asset managers and Stock Exchanges in Asia Pacific region.


元大證券投資信託股份有限公司 林忠義副總經理
現任：元大投信專戶管理部副總經理
學歷：
國立中山大學財務管理所
交通大學管理科學系

經歷：
元大投信量化策略投資部主管
寶來投信指數投資處協理
寶來投信全權委託投資處協理

介紹：
現任元大投信專戶管理部資深協理，曾服務於元大投信指數投資部門並擔任過量化策略投資部部門主管，投資研究經驗年資共計14年，專長於運用SMART BETA計量技術產出投資組合及Beta避險機制，並對退休金訴求之多元資產配置具備實務操作經驗。


Tianyin Cheng
Director, Strategy and ESG Indices
S&P Dow Jones Indices

Tianyin Cheng is Director, Strategy and ESG Indices, at S&P Dow Jones Indices. She focuses on alternate beta strategies including factor-based strategies, dividends and volatility, as well as quantitative, thematic and asset-allocation strategies. In her role, Tianyin works closely with the sales, marketing and global research & design departments to bring new ideas to market.
Prior to her current role, Tianyin was a quant analyst and risk manager at Catalytic Investment Group, a Singapore-based multi-strategy fund, equity fund and family office. She also has two years of experience in quantitative equity research, including a position at Daiwa Capital Markets in Singapore.
Tianyin holds a M.Sc. in Econometrics and Mathematical Economics with Distinction from The London School of Economics (LSE) and a B.Sc. in Mathematics with the Lee Kuan Yew Gold Medal award from Nanyang Technological University (NTU), Singapore.


元大證券投資信託股份有限公司 張勝原資深經理
學歷：
中央大學 財務金融研究所
經歷：
介紹：
債券投資研究經驗超過7年，基金管理涵蓋主動型債券基金、組合式基金、債券指數型產品與槓桿反向型ETF。在債券投資組合建構、信用與流動性分析、投資策略等領域具有豐富經驗，目前管理台灣第一檔美國政府債券ETF與大中華區第一檔債券槓桿反向ETF，著有「全球債券ETF投資實務與應用」等書籍。


2. 【Day 2 : Asset Management and Risk Management】



Martin Atkin

Managing Director—Multi-Asset Solutions Group; Investment Director—Dynamic Asset Allocation; and National Managing Director

Martin Atkin is globally responsible for portfolio strategy and communication for Asset Allocation Strategies within AB’s Multi-Asset Solutions (MAS) Group. He became a member of the MAS senior leadership team in 2013, after being named Investment Director of Dynamic Asset Allocation earlier the same year. Atkin joined Bernstein Global Wealth Management in 2005 as a senior portfolio manager, and was promoted to National Managing Director in 2009, when he became co-head of the Senior Portfolio Manager team. Previously, he worked for 23 years in corporate finance at J.P. Morgan, where he served as a managing director and senior investment banker. Atkin was also a member of the investment banking management committee and ran a group that was globally responsible for the recruitment, training and development of all associates and analysts in the investment bank. His early years at J.P. Morgan were spent in London, and he moved to the US in 1987. Atkin holds a BA in economics from Trinity College, Cambridge, and an MA in economics from the University of Cambridge. Location: New York


Alexander Barenboym

Portfolio Manager—Dynamic Asset Allocation

Alexander Barenboym is a Portfolio Manager and researcher in the Dynamic Asset Allocation (DAA) Group, where he focuses on portfolio construction, management of DAA-based asset-allocation products, and quantitative research and modeling of fixed-income instruments and derivatives. Prior to joining AB in 2008, he worked for NISA Investment Advisors, where he designed and managed derivative-based liability-driven investment programs and asset protection strategies for large US-based pension funds. Prior to completing his MBA in finance at the University of Pennsylvania’s Wharton School, Barenboym designed high-performance trading and analytical systems for several leading investment-management firms. In addition to an MBA, he holds a BS in computer science from Washington University and an MS in applied mathematics from New York University’s Courant Institute. Location: New York


Peter Eliot, CFA

Senior Vice President – Co-Head Multi-Asset Infrastructure
AllianceBernstein LP

Peter Eliot is Co-Head of Multi-Asset Infrastructure services. He is responsible for portfolio implementation, operations, technology, risk, and business management within the Multi-Asset Solutions unit. Mr. Eliot sits on several firm governance committees related to risk, derivatives, securities finance, and infrastructure. He holds a B.S. in management from the State University of NY at Buffalo, and is a CFA charter holder.
3. 【Day 3 : Hedge Fund】



Tim Wong
Chairman of Man AHL and Man Group Asia

Tim Wong is Chairman of Man AHL (‘AHL’), which was formed through the merger of Man Group’s (‘Man’) two quantitative investing businesses in February 2013. He is also the Chairman of Man Group Asia and is a member of the Man Executive Committee. Prior to this he was the CEO of AHL for 10 years. He joined AHL in 1991 as a research analyst, and later assumed overall responsibility for the day-to-day running of the research and investment management operations.
Tim graduated from the University of Oxford in 1991 with a first-class honours degree in Engineering Science. He subsequently gained an MSc in Statistics and Operational Research from London University. He is an Associate of the UK Society of Investment Professionals.


Adrian Chang
Quantitative Researcher – Portfolio Management of AHL based in Hong Kong.

He fi rst joined AHL in London in 2002 and re-joined AHL in 2009 when AHL established an offi ce in Hong Kong. Adrian is part of the portfolio management team responsible for portfolio construction and investment management. Before re-joining AHL, Adrian was a fund derivative structurer at BNP Paribas HK. Adrian graduated from the University of Hong Kong with a BSc in Actuarial Science (First Class). He also holds a MSc in Mathematics and Finance (Distinction) from Imperial College London.


周冠男副院長
國立政治大學財務管理學系特聘教授兼商學院副院長


為美國愛荷華大學財務博士，現任、「管理學報」(TSSCI)領域主編、「管理評論」(TSSCI)副主編、「財務金融學刊」(TSSCI)副主編。曾任政治大學財管系系主任、中央大學財務金融學系主任、美國密蘇里大學訪問學者、北京大學客座教授。獲科技部「獎勵特殊優秀人才」、科技部「優秀年輕學者研究計畫」、政治大學「學術研究優良獎」、中央大學「研究傑出獎」。在公司財務，行為財務和市場微結構領域有優良的學術成就，學術論文廣泛發表於國內外知名學術期刊。對證券市場實務議題，如交易稅，交易訊息傳遞，保證金制度，集中結算制度，交易者心理與行為，市場效率性及行為投資學等，有廣泛及深入的研究。

1. 【Day 1 : 智選指數 (Smart Beta) 】



時間	主題	講席
09:00-09:30	Registration
09:30-11:00	Smart Beta development and introduction Q&A	元大證券投資信託股份有限公司 陳思蓓 副總經理 (英文授課)
11:00-11:20	Tea Break(註)
11:20-12:30	因子投資介紹與發展 Q&A	元大證券投資信託股份有限公司 林忠義 副總經理 (中文授課)
12:30-14:00	Lunch Break(註)
14:00-15:20	Smart Beta Investment of Global Pension Funds Overview Q&A	S&P Dow Jones Indices, 標普道瓊指數公司 Ms.Tianyin Cheng, Director, Strategy and ESG Indices (英文授課)
15:20-15:40	Tea Break(註)
15:40-17:00	固定收益Smart Beta產品之機會與挑戰 Q&A	元大證券投資信託股份有限公司 張勝原 資深經理 (中文授課)

註：課程期間(10/18~10/20)將免費提供茶水咖啡點心或簡餐。
2. 【Day 2 : Asset Management and Risk Management】



時間	主題	講席
09:00-09:30	Registration
09:30-11:00	Asset Allocation Introduction ♦Modern portfolio theory & portfolio optimization ♦Managing asset class selection & risk ♦Asset allocation for institutional investors ♦Today’s practical challenges for some of the asset classes Objective: provide 1) an understanding of the characteristics of traditional asset classes and   how they work in combination; 2) discuss current market practices among institutional investors; and, 3) review today’s capital market environment and   how that might influence the future behavior of asset classes The Practice of Strategic Asset Allocation ♦The process of asset allocation ♦Further details on asset class drivers, investment risk and navigating the markets ♦Asset allocation to alternative assets Objective: provide a practitioner’s view point on 1) how to determine a strategic allocation to meet a desired objective   (defining an objective; trade-offs of risk and return); 2) the characteristics of asset classes that make them desirable   (consistency/reliability); and 3) the role of alternative assets within a strategic allocation   (strategic vs. opportunistic; uncorrelated returns) Q&A	AllianceBernstein Global (聯博基金) Mr. Martin Atkin, Managing Director—Multi-Asset Solutions Group; Investment Director—Dynamic Asset Allocation; and National Managing Director (英文授課) AllianceBernstein Global (聯博基金) Mr. Alexander Barenboym, Portfolio Manager—Dynamic Asset Allocation (英文授課)
11:00-11:20	Tea Break(註)
11:20-12:30	Implementation ?Tactical asset allocation ?Capital preservation strategies ?Process for making dynamic decisions Objective: provide a practitioner’s view point on 1) the key considerations in a tactical program   (scaling, the role of fundamental & quantitative analysis in decision-making); 2) what can be done to limit drawdown risk (volatility control; diversification); and 3) governance issues (frequency of review and allocation changes) Looking Ahead ?What looks interesting in 2018 for clients Q&A
12:30-14:00	Lunch Break(註)
14:00-15:20	Risk Management -Introduction -The Risk Framework -Market Risk Focus -Credit and Counterparty Risk Focus	AllianceBernstein Global (聯博基金) Mr. Peter Eliot, Senior Vice President – Co-Head Multi-Asset Infrastructure AllianceBernstein LP (英文授課)
15:20-15:40	Tea Break(註)
15:40-17:00	Risk Management -Operational Risk Focus -Operational risk failures in Asset Managers – the fallout from Lehman -Examples of Other Risk Types Q&A

註：課程期間(10/18~10/20)將免費提供茶水咖啡點心或簡餐。
3. 【Day 3 : Hedge Fund】



時間	主題	講席
09:00-09:30	Registration
09:30-11:00	Overview of HF – Tim Wong ♦What is HF ♦Why investing in HF ♦What are the different HF styles, Discretionary vs Quant ♦How to choose HF Case studies : CTA and Equity Long/Short (0.5hr) – Adrian Chang ♦Intro to both styles ♦CTA – Portfolio diversifier, Momentum Strategy	Man Group (英仕曼集團) Tim Wong Chairman of Man AHL and Man Group Asia (英文授課)
11:00-11:20	Tea Break(註)
11:20-12:30	Case studies : CTA and Equity Long/Short (0.5hr) – Adrian Chang ♦Equity Long/Short - Factor investing, Statistical Arbitrage Q&A Hedge Fund selection exercise (1hr) – Adrian Chang (facilitator) Hedge Fund selection exercise Participants are given some descriptions of a few hedge funds and will select the good ones/reject the bad ones. xplanation and discussion at the end.	Man Group (英仕曼集團) Adrian Chang, Quantitative Portfolio Manager of Man AHL (英文授課)
12:30-14:00	Lunch Break(註)
14:00-15:20	An intro to Machine Learning (1hr) – Tim Wong ♦History and what is machine learning ♦Application in Finance Q&A	Man Group (英仕曼集團) Tim Wong Chairman of Man AHL and Man Group Asia (英文授課)
15:20-15:40	Tea Break(註)
15:40-17:00	避險基金的風險與未來發展趨勢	國立政治大學商學院 周冠男副院長

註：課程期間(10/18~10/20)將免費提供茶水咖啡點心或簡餐。