Portfolio Management case studies, worked step by step

Cases
100
Traced to a firm
50
Topics
13
Hard
30
Topic
All topicsStock pitch and thesis defence11Fixed income, credit and LDI11Strategic and tactical allocation7Factor investing and quant6Company analysis and valuation7Performance evaluation and manager selection7Client mandates and IPS8Risk management and limit breaches8Rebalancing, implementation and costs7Real assets and private markets8Portfolio construction and optimisation7Macro and multi-asset scenarios7Asset management business and products6
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–10 of 100
  1. 001Garudvahan Aerospace has eight years of orders, but production problems have cut deliveries by 20% and it carries net debt. Is it a good investment? Give a two-line thesis on the spot.Stock pitch and thesis defenceWarm upSchrodersNew York · 2025
  2. 002A bond fund holds Rs 800 crore of government bonds at a modified duration of 6.5 and wants 4.0. One bond futures contract has a DV01 of Rs 1,400. How many contracts does it sell?Fixed income, credit and LDICorePIMCOLondon · 2022
  3. 003A family office asks: if you had to put Rs 1 lakh into one asset for ten years, which would it be? Build the expected return for bonds, equities, gold and a REIT from building blocks and choose.Strategic and tactical allocationWarm upInvescoDallas · 2023
  4. 004A low volatility index has a beta of 0.7. In a year the market returns 25% with cash at 6%, what does CAPM expect from it, and why do low volatility investors accept that?Factor investing and quantWarm upFactor investingSystematic investing
  5. 005Rapid fire on a cement company: from its share price, share count, net debt, EBITDA, capacity and the cost of a new plant, give its enterprise value, EV to EBITDA, EV per tonne, and say whether it is cheaper to buy or to build.Company analysis and valuationWarm upFidelity InvestmentsToronto · 2024
  6. 006A portfolio manager runs ten accounts in one strategy and advertises the best three, which averaged 24%. All ten averaged 13% against a 14% benchmark. What should a fair composite show, and why?Performance evaluation and manager selectionWarm upPerformance analysisIndian wealth management
  7. 007A 45-year-old surgeon has Rs 8 crore from selling his clinic stake and a Rs 1.2 crore home loan, and wants Rs 40 lakh a year in today's money from 55. Should he prepay the loan, what are his return and risk objectives, and what is a first allocation?Client mandates and IPSCoreNorthern TrustLake Forest · 2022
  8. 008A Rs 1,000 crore balanced fund holds domestic equity, unhedged US equity, corporate bonds and gilts. Apply a crisis scenario with equities down 55%, spreads up 400 basis points, gilt yields down 150 and the rupee down 20%. What is the loss, and what actually hedged?Risk management and limit breachesCoreRisk managementMulti-asset
  9. 009A Rs 500 crore hybrid fund targets 65/35 and has drifted to 69/31. Trading costs 30 basis points each way. Compare a full rebalance with trading back only to the 67/33 band edge, in cost and in risk.Rebalancing, implementation and costsCoreMan GroupBoston · 2022
  10. 010Buy an office building at a 7.5% cap rate on Rs 30 crore of income, with 2% costs, 4% growth, a 55% interest-only loan at 9% and an exit at an 8.0% cap rate after five years. What are the levered IRR and equity multiple, and which input moves the return most?Real assets and private marketsHardCarlyle GroupWashington · 2015

Company names and figures are illustrative.