SIAA Securities & Managed Investments case studies
SIAA Securities & Managed Investments · Put your knowledge to work in context.
The SIAA Securities & Managed Investments exam is a multiple-choice certification assessment for candidates working in, or preparing to enter, client-facing securities and investment management roles. It tests whether you can apply practical knowledge across the full advisory workflow: how markets and intermediaries operate and are regulated, how equities, fixed income instruments, collective schemes and derivatives are structured and priced, how portfolios are built and risk-managed, how suitability and client relationships are handled, and how market conduct, ethics and anti-money-laundering obligations apply in day-to-day business. The SIAA Securities & Managed Investments case studies are 5 cases and about 1,680 words.
1The Rate-Sensitive Retiree
Margaret, 68, holds a £600,000 portfolio: £450,000 in a 12-year gilt ladder bought when yields were near 1%, and £150,000 in a short-duration corporate bond fund. She needs £28,000 a year of income, inflation-linked, for at least 25 years.
337 words, about 2 min2Suitability Under Pressure
A 34-year-old client, Raj, earns £95,000, has £12,000 in savings, a £240,000 mortgage, and no dependants. He wants to invest £40,000 inherited from a grandparent into a single thematic technology fund with a 0.9% fee and high volatility.
343 words, about 2 min3The Illiquid Allocation
A discretionary manager runs a £50 million balanced portfolio for a charity with a 6% annual spending requirement. To boost returns, the manager proposes allocating 20% (£10 million) to a private credit fund with a 7-year lock-up, quarterly capital calls, and a 1.5% management fee plus 15% performance fee.
312 words, about 2 min4The Structured Note Pitch
A bank offers a client a 5-year autocallable note linked to an index. It pays 8% per annum if the index is at or above its starting level on an annual observation date, and returns capital at maturity unless the index falls more than 40% (the barrier).
355 words, about 2 min5The Suspicious Deposit
A new client, Mr Chen, opens an investment account and deposits £180,000 in three tranches over eight days, each just under £60,000. He is a UK resident but the funds arrive from a company account in a jurisdiction the firm classifies as higher risk.
333 words, about 2 min