Details

Portfolio Management in Practice, Volume 1


Portfolio Management in Practice, Volume 1

Investment Management Workbook
CFA Institute Investment Series 1. Aufl.

von: CFA Institute

32,99 €

Verlag: Wiley
Format: PDF
Veröffentl.: 11.11.2020
ISBN/EAN: 9781119743637
Sprache: englisch
Anzahl Seiten: 352

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

<p>The companion workbook to the<i> Investment Management</i> volume in the CFA Institute’s <i>Portfolio</i> <i>Management in Practice</i> series provides students and professionals with essential practice regarding key concepts in the portfolio management process. Filled with stimulating exercises, this text is designed to help learners explore the multifaceted topic of investment management in a meaningful and productive way. </p> <p>The <i>Investment Management Workbook</i> is structured to further readers’ hands-on experience with a variety of learning outcomes, summary overview sections, challenging practice questions, and solutions. Featuring the latest tools and information to help users become confident and knowledgeable investors, this workbook includes sections on professionalism in the industry, fintech, hedge fund strategies, and more.  </p> <p>With the workbook, readers will learn to:  </p> <ul> <li>Form capital market expectations  </li> <li>Understand the principles of the asset allocation process </li> <li>Determine comprehensive investment strategies within each asset class </li> <li>Integrate considerations specific to high net worth individuals or institutions into the selection of strategies </li> <li>Execute and evaluate chosen strategies and investment managers </li> </ul> <p>Well suited for individuals who learn on their own, this companion resource delivers an example-driven method for practicing the tools and techniques covered in the primary <i>Investment Management</i> volume, incorporating world-class exercises based on actual scenarios faced by finance professionals every day. </p>
<p><b>Part I Learning Objectives, Summary Overview, and Problems 1</b></p> <p><b>Chapter 1 Professionalism in the Investment Management 3</b></p> <p>Learning Outcomes 3</p> <p>Summary 3</p> <p>Practice Problems 4</p> <p><b>Chapter 2 Fintech in Investment Management 5</b></p> <p>Learning Outcomes 5</p> <p>Summary 5</p> <p>Practice Problems 6</p> <p><b>Chapter 3 Capital Market Expectations, Part 1: Framework and Macro Considerations 9</b></p> <p>Learning Outcomes 9</p> <p>Summary 10</p> <p>Practice Problem 13</p> <p><b>Chapter 4 Capital Market Expectations, Part 2: Forecasting Asset Class Returns 21</b></p> <p>Learning Outcomes 21</p> <p>Summary 22</p> <p>Practice Problems 25</p> <p><b>Chapter 5 Overview of Asset Allocation 35</b></p> <p>Learning Outcomes 35</p> <p>Summary 35</p> <p>Practice Problems 37</p> <p><b>Chapter 6 Principles of Asset Allocation 39</b></p> <p>Learning Outcomes 39</p> <p>Summary 40</p> <p>Practice Problems 41</p> <p><b>Chapter 7 Asset Allocation with Real-World Constraints 51</b></p> <p>Learning Outcomes 51</p> <p>Summary 51</p> <p>Practice Problems 53</p> <p><b>Chapter 8 Currency Management: An Introduction 63</b></p> <p>Learning Outcomes 63</p> <p>Summary 63</p> <p>Practice Problems 66</p> <p><b>Chapter 9 Overview of Fixed-Income Portfolio Management 79</b></p> <p>Learning Outcomes 79</p> <p>Summary 79</p> <p>Practice Problems 81</p> <p><b>Chapter 10 Liability-Driven and Index-Based Strategies 87</b></p> <p>Learning Outcomes 87</p> <p>Summary 87</p> <p>Practice Problems 91</p> <p><b>Chapter 11 Overview of Equity Portfolio Management 101</b></p> <p>Learning Outcomes 101</p> <p>Summary 101</p> <p>Practice Problems 102</p> <p><b>Chapter 12 Passive Equity Investing 105</b></p> <p>Learning Outcomes 105</p> <p>Summary 105</p> <p>Practice Problems 107</p> <p><b>Chapter 13 Active Equity Investing: Strategies 113</b></p> <p>Learning Outcomes 113</p> <p>Summary 113</p> <p>Practice Problems 115</p> <p><b>Chapter 14 Hedge Fund Strategies 121</b></p> <p>Learning Outcomes 121</p> <p>Summary 121</p> <p>Practice Problems 124</p> <p><b>Chapter 15 Overview of Private Wealth Management 131</b></p> <p>Learning Outcomes 131</p> <p>Summary 131</p> <p>Practice Problems 133</p> <p><b>Chapter 16 Topics in Private Wealth Management 141</b></p> <p>Learning Outcomes 141</p> <p>Summary 141</p> <p>Practice Problems 144</p> <p><b>Chapter 17 Portfolio Management for Institutional Investors 151</b></p> <p>Learning Outcomes 151</p> <p>Summary 152</p> <p>Practice Problems 155</p> <p><b>Chapter 18 Trade Strategy and Execution 163</b></p> <p>Learning Outcomes 163</p> <p>Summary 163</p> <p>Practice Problems 165</p> <p><b>Chapter 19 Portfolio Performance Evaluation 175</b></p> <p>Learning Outcomes 175</p> <p>Summary 176</p> <p>Practice Problems 177</p> <p><b>Chapter 20 Investment Manager Selection 181</b></p> <p>Learning Outcomes 181</p> <p>Summary 181</p> <p>Practice Problems 183</p> <p><b>Part II Solutions 199</b></p> <p><b>Chapter 1 Professionalism in the Investment Management 201</b></p> <p>Solutions 201</p> <p><b>Chapter 2 Fintech in Investment Management 203</b></p> <p>Solutions 203</p> <p><b>Chapter 3 Capital Market Expectations, Part I: Framework and Macro Considerations 205</b></p> <p>Solutions 205</p> <p><b>Chapter 4 Capital Market Expectations, Part II: Forecasting Asset Class Returns 211</b></p> <p>Solutions 211</p> <p><b>Chapter 5 Overview of Asset Allocation 219</b></p> <p>Solutions 219</p> <p><b>Chapter 6 Principles of Asset Allocation 221</b></p> <p>Solutions 221</p> <p><b>Chapter 7 Asset Allocation with Real-World Constraints 229</b></p> <p>Solutions 229</p> <p><b>Chapter 8 Currency Management: An Introduction 235</b></p> <p>Solutions 235</p> <p><b>Chapter 9 Overview of Fixed-Income Portfolio Management 249</b></p> <p>Solutions 249</p> <p><b>Chapter 10 Liability-Driven and Index-Based Strategies 253</b></p> <p>Solutions 253</p> <p><b>Chapter 11 Overview of Equity Portfolio Management 259</b></p> <p>Solutions 259</p> <p><b>Chapter 12 Passive Equity Investing 263</b></p> <p>Solutions 263</p> <p><b>Chapter 13 Active Equity Investing: Strategies 267</b></p> <p>Solutions 267</p> <p><b>Chapter 14 Hedge Fund Strategies 273</b></p> <p>Solutions 273</p> <p><b>Chapter 15 Overview of Private Wealth Management 283</b></p> <p>Solutions 283</p> <p><b>Chapter 16 Topics in Private Wealth Management 291</b></p> <p>Solutions 291</p> <p><b>Chapter 17 Portfolio Management for Institutional Investors 299</b></p> <p>Solutions 299</p> <p><b>Chapter 18 Trade Strategy and Execution 305</b></p> <p>Solutions 305</p> <p><b>Chapter 19 Portfolio Performance Evaluation 315</b></p> <p>Solutions 315</p> <p><b>Chapter 20 Investment Manager Selection 319</b></p> <p>Solutions 319</p> <p>About the CFA Program 333</p>
<p><b>CFA Institute</b> is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 155,000 members in 165 countries and territories, including 150,000 CFA® charterholders, and 148 member societies. For more information, visit www.cfainstitute.org.</p>
<p><b>CFA INSTITUTE INVESTMENT SERIES</b> <p>The expansive companion workbook to the <i>Investment Management</i> volume in the <i>CFA Institute's Portfolio Management in Practice</i> series provides students and industry professionals the opportunity to practice key concepts in the portfolio management process. Filled with stimulating exercises, this text is designed to help learners explore the multifaceted topic of investment management in a meaningful and productive way. <p>The <i>Investment Management Workbook</i> is structured to further readers' hands-on experience with a variety of learning outcomes, summary overview sections, challenging practice questions, and solutions. Featuring the latest tools and information to help users become confident and knowledgeable investors, this workbook includes sections on professionalism in the industry, fintech, hedge fund strategies, and more. <p>With the workbook, readers will learn to: <ul> <li>Form capital market expectations</li> <li>Understand the principles of the asset allocation process</li> <li>Determine comprehensive investment strategies within each asset class</li> <li>Integrate considerations specific to high net worth individuals or institutions into the selection of strategies</li> <li>Execute and evaluate chosen strategies and investment managers</li> </ul> <p><i>Investment Management</i> compiles all aspects of the portfolio management process into the first volume in the <i>Portfolio Management in Practice</i> series. This volume delves into contemporary CFA Institute knowledge on fixed income portfolio management, passive and active equity investing, hedge fund strategies and provides a detailed summary of evaluating chosen strategies. <p>To further develop an understanding of the tools and techniques explored here, don't forget to pick up the <i>Portfolio Management In Practice, Volume 1: Investment Management Workbook</i>— which provides a comprehensive companion study guide containing Learning Outcomes and Summary Overview sections along with challenging practice questions and solutions for the material.