CFA Society Melbourne is pleased to announce that Carl Bacon is returning to Melbourne in November. Following on from last year’s class, Carl will host an intensive master class for Investment Professionals who wish to increase their technical knowledge and gain a broader understanding of the complete range of risk-adjusted performance measures.

This class is suited to those who work in any of the below roles, and we ask that you forward this invitation to any of your colleagues that may be interested in attending.

Date:  Wednesday, 28 November, 2018
Time:  9.00am – 5.00pm (this is a full day course)
Where: Intercontinental Melbourne The Rialto, 495 Collins Street, Melbourne.
Cost:  $999 inc. GST (morning tea, lunch & afternoon tea included)*
*Also included is a complementary pass to an evening of performance conversations, an event hosted by CFA Society Melbourne the following night.

Register here now by Friday 23 November – places are limited.

Please contact Damien Damiano or Graeme Miller for more information.

Who Should Attend?

  • Portfolio managers
  • Performance analysts
  • Portfolio analysts
  • Risk controllers
  • Compliance officers
  • Sales, distribution and operations staff


Participants will be required to have a basic knowledge of how to use Excel spreadsheets

If possible, participants should bring their own laptop with excel loaded. Attendees will be asked to work in teams of two or three on excel based practical exercises.


  • Risk
  • Risk-adjusted Performance Measurement
  • Advanced Risk Measures
  • Drawdown
  • Higher & Lower Partial Moments
  • Value at Risk

Carl Bacon

Carl Bacon CIPM, founded Otos Ltd in April 2000. Otos Ltd provides advice to asset managers on various risk and performance measurement issues.

Carl was Chairman of StatPro Plc from 2000 to 2017 and prior to that Director of Risk Control and Performance at Foreign & Colonial Management Ltd, Vice President Head of Performance (Europe) for J P Morgan Investment Management Inc., and Head of Performance for Royal Insurance Asset Management.

Carl holds a B.Sc. Hons. in Mathematics from Manchester University and is a member of the Advisory Board of the Journal of Performance Measurement. A founder member of both the Investment Performance Council and GIPS®, Carl is a chair of the GIPS Executive Committee, and ex-chair of both the Verification and Interpretation Sub-Committees, and founder of “The Freedom Index Company”

Carl is also the author of “Practical Portfolio Performance Measurement & Attribution” part of the Wiley Finance Series, “Practical Risk-adjusted Performance Measurement”, numerous articles and papers and editor of “Advanced Portfolio Attribution Analysis”