2018 CFA Level 2 Portfolio Management （考试比重：5-10%）
STUDY SESSION 16 Portfolio Management : Process, Asset Allocation, and Risk Management
The first reading in this study session explains the portfolio management process. The second reading describes multifactor models of asset returns and selected applications of such models. The final reading introduces investment risk measurement and management.
Reading 47 The Portfolio Management Process and the Investment Policy Statement
Reading 48 An Introduction to Multifactor Models
Reading 49 Measuring and Managing Market Risk
STUDY SESSION 17 Portfolio Management : Economic Analysis, Active Management, and Trading
The first reading in the study session discusses fundamental relationships between economics and investment markets and how the economy affects asset values. The second reading introduces quantitative analysis of active portfolio management and its relevance to portfolio construction and evaluation. The final reading describes developments in equity trading.
Reading 50 Economics and Investment Markets
Reading 51 Analysis of Active Portfolio Management
Reading 52 Algorithmic Trading and High-Frequency Trading