周教授CFA金融课程：2019 CFA Level 1: Portfolio Management

STUDY SESSION 12 Portfolio Management (1)

This study session introduces the concept of a portfolio approach to investments. The needs of individual and institutional investors are each examined, along with the range of available investment solutions. The three main steps in the portfolio management process (planning, execution, and feedback) are outlined. Common measures of portfolio risk and return and the introduction of modern portfolio the- ory—a quantitative framework for asset pricing and portfolio selection—then follow.

READING ASSIGNMENTS

Reading 38 Portfolio Management: An Overview

Reading 39 Portfolio Risk and Return: Part I

Reading 40 Portfolio Risk and Return: Part II

STUDY SESSION 13 Portfolio Management (2)

This study session introduces the portfolio planning and construction process, including the development of an investment policy statement (IPS). A discussion of risk management, including the various types and measures of risk, follows, and a risk management framework is provided. The session concludes with coverage on how financial technology (fintech) is impacting areas within the investment industry, such as investment analysis, automated advice, and risk management.

READING ASSIGNMENTS

Reading 41 Basics of Portfolio Planning and Construction

Reading 42 Risk Management: An Introduction

Reading 43 Fintech in Investment Management

考试比重：6%

Portfolio Management 投资组合管理