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I don't think they are meant to be that technical, more situational and behavioural I'd imagine? Might be worth poking around Glassdoor for other portfolio management role interviews to get a sense of the type of questions
Since it's for the program and they do a ton of training after hiring, I wouldn't expect the initial interview to be excessively technical. I'd imagine more focus on logic and reasoning skills.
It would be more on the basics. But it wouldn't hurt if you prepare on the technical aspect. I'd say focus more on behavioral and situational questions.