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 41–50 of 100
  1. 041Formulate and solve a three-asset mean-variance problem with a budget constraint, no shorting and a 50% position limit, with and without the limit, and explain where the capped weight goes.Portfolio construction and optimisationHardBlackRockNew York · 2025
  2. 042A multi-factor fund combines a value sleeve and a momentum sleeve, each with an information ratio of 0.4, at equal risk. What is the combined information ratio if their active returns correlate minus 0.5, and if they correlate plus 0.3?Factor investing and quantHardFactor investingQuantitative asset management
  3. 043How would you take a university public? It has 12,000 students paying Rs 3 lakh a year at a 30% operating margin. Using a sector EV to EBITDA of 18 times, set the valuation, the split between new and existing shares, and the price per share.Company analysis and valuationCoreWellington ManagementBoston · 2024
  4. 044The rupee falls 8%. A global allocation fund has Rs 1,000 crore: 25% unhedged US equity, 20% domestic IT exporters whose earnings rise 6% for an 8% fall, 15% oil-importing sectors that fall 5%, and 40% domestic bonds. Estimate the net effect.Macro and multi-asset scenariosCoreGlobal investingMulti-asset
  5. 045A client holds Rs 15 crore of her Rs 18 crore net worth in her employer's shares, a stock with 45% volatility. Compare her portfolio volatility and the chance of a 50% wealth loss before and after diversifying, and lay out a staged three-year selling plan.Client mandates and IPSHardWealth managementIndian wealth management
  6. 046A small cap fund has Rs 3,000 crore in 60 stocks averaging Rs 6 crore of daily volume. If a quarter of the fund is redeemed in a month and it trades 20% of daily volume, how many days does a pro rata sale take, and who bears the cost if it sells the liquid names first?Risk management and limit breachesHardRisk managementMutual funds
  7. 047A star manager has beaten the benchmark by 4% a year for seven years with 6.7% tracking error. After adjusting for size and momentum, alpha is 1.3% with 6.5% residual risk. Is it skill, and do you keep, cut or replace the fund?Performance evaluation and manager selectionHardFund selectionFactor investing
  8. 048Paper LBO on a media business: buy at 10 times EBITDA of Rs 80 crore with 5 times debt at 10%, EBITDA grows 8%, all free cash flow after interest repays debt, and exit at 10 times in year five. Then answer quickly: what if exit is 9 times, leverage is 6 times, or growth is 4%?Real assets and private marketsHardNeuberger BermanLondon · 2026TPGBeijing · 2018
  9. 049A private credit fund is asked for a Rs 480 crore unitranche at 12% with 5% annual amortisation to a cold chain business with EBITDA of Rs 120 crore growing 10%. Build three years of cash flow available for debt service, debt service cover and leverage, and decide.Fixed income, credit and LDIHardHPS Investment PartnersLondon · 2025HPS Investment PartnersLondon · 2025
  10. 050Your stock pitch on a restaurant chain says margins rise from 12% to 17% as input costs fall 10%. The interviewer asks: what if costs don't fall? Show earnings per share under both cases and what the current price implies.Stock pitch and thesis defenceHardApollo Global ManagementAnonymous interview candidate in · 2021Apollo Global ManagementRemote · 2021Apollo Global ManagementAnonymous interview candidate in · 2021

Company names and figures are illustrative.