{"product_id":"portfolio-management-in-practice-volume-1-isbn-9781119743750","title":"Portfolio Management in Practice, Volume 1","description":"\u003cp\u003eThe companion workbook to the\u003ci\u003e Investment Management\u003c\/i\u003e volume in the CFA Institute’s \u003ci\u003ePortfolio\u003c\/i\u003e \u003ci\u003eManagement in Practice\u003c\/i\u003e 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. \u003c\/p\u003e \u003cp\u003eThe \u003ci\u003eInvestment Management Workbook\u003c\/i\u003e 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.  \u003c\/p\u003e \u003cp\u003eWith the workbook, readers will learn to:  \u003c\/p\u003e \u003cul\u003e \u003cli\u003eForm capital market expectations  \u003c\/li\u003e \u003cli\u003eUnderstand the principles of the asset allocation process \u003c\/li\u003e \u003cli\u003eDetermine comprehensive investment strategies within each asset class \u003c\/li\u003e \u003cli\u003eIntegrate considerations specific to high net worth individuals or institutions into the selection of strategies \u003c\/li\u003e \u003cli\u003eExecute and evaluate chosen strategies and investment managers \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWell 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 \u003ci\u003eInvestment Management\u003c\/i\u003e volume, incorporating world-class exercises based on actual scenarios faced by finance professionals every day. \u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Learning Objectives, Summary Overview, and Problems 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Professionalism in the Investment Management 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 3\u003c\/p\u003e \u003cp\u003eSummary 3\u003c\/p\u003e \u003cp\u003ePractice Problems 4\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Fintech in Investment Management 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 5\u003c\/p\u003e \u003cp\u003eSummary 5\u003c\/p\u003e \u003cp\u003ePractice Problems 6\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Capital Market Expectations, Part 1: Framework and Macro Considerations 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 9\u003c\/p\u003e \u003cp\u003eSummary 10\u003c\/p\u003e \u003cp\u003ePractice Problem 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Capital Market Expectations, Part 2: Forecasting Asset Class Returns 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 21\u003c\/p\u003e \u003cp\u003eSummary 22\u003c\/p\u003e \u003cp\u003ePractice Problems 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Overview of Asset Allocation 35\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 35\u003c\/p\u003e \u003cp\u003eSummary 35\u003c\/p\u003e \u003cp\u003ePractice Problems 37\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Principles of Asset Allocation 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 39\u003c\/p\u003e \u003cp\u003eSummary 40\u003c\/p\u003e \u003cp\u003ePractice Problems 41\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Asset Allocation with Real-World Constraints 51\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 51\u003c\/p\u003e \u003cp\u003eSummary 51\u003c\/p\u003e \u003cp\u003ePractice Problems 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Currency Management: An Introduction 63\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 63\u003c\/p\u003e \u003cp\u003eSummary 63\u003c\/p\u003e \u003cp\u003ePractice Problems 66\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Overview of Fixed-Income Portfolio Management 79\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 79\u003c\/p\u003e \u003cp\u003eSummary 79\u003c\/p\u003e \u003cp\u003ePractice Problems 81\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Liability-Driven and Index-Based Strategies 87\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 87\u003c\/p\u003e \u003cp\u003eSummary 87\u003c\/p\u003e \u003cp\u003ePractice Problems 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Overview of Equity Portfolio Management 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 101\u003c\/p\u003e \u003cp\u003eSummary 101\u003c\/p\u003e \u003cp\u003ePractice Problems 102\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Passive Equity Investing 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 105\u003c\/p\u003e \u003cp\u003eSummary 105\u003c\/p\u003e \u003cp\u003ePractice Problems 107\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Active Equity Investing: Strategies 113\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 113\u003c\/p\u003e \u003cp\u003eSummary 113\u003c\/p\u003e \u003cp\u003ePractice Problems 115\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Hedge Fund Strategies 121\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 121\u003c\/p\u003e \u003cp\u003eSummary 121\u003c\/p\u003e \u003cp\u003ePractice Problems 124\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Overview of Private Wealth Management 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 131\u003c\/p\u003e \u003cp\u003eSummary 131\u003c\/p\u003e \u003cp\u003ePractice Problems 133\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Topics in Private Wealth Management 141\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 141\u003c\/p\u003e \u003cp\u003eSummary 141\u003c\/p\u003e \u003cp\u003ePractice Problems 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Portfolio Management for Institutional Investors 151\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 151\u003c\/p\u003e \u003cp\u003eSummary 152\u003c\/p\u003e \u003cp\u003ePractice Problems 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Trade Strategy and Execution 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 163\u003c\/p\u003e \u003cp\u003eSummary 163\u003c\/p\u003e \u003cp\u003ePractice Problems 165\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 Portfolio Performance Evaluation 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 175\u003c\/p\u003e \u003cp\u003eSummary 176\u003c\/p\u003e \u003cp\u003ePractice Problems 177\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Investment Manager Selection 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning Outcomes 181\u003c\/p\u003e \u003cp\u003eSummary 181\u003c\/p\u003e \u003cp\u003ePractice Problems 183\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Solutions 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Professionalism in the Investment Management 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 201\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Fintech in Investment Management 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 203\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Capital Market Expectations, Part I: Framework and Macro Considerations 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 205\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Capital Market Expectations, Part II: Forecasting Asset Class Returns 211\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 211\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Overview of Asset Allocation 219\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 219\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Principles of Asset Allocation 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 221\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Asset Allocation with Real-World Constraints 229\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 229\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Currency Management: An Introduction 235\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 235\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Overview of Fixed-Income Portfolio Management 249\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 249\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Liability-Driven and Index-Based Strategies 253\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Overview of Equity Portfolio Management 259\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 259\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Passive Equity Investing 263\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 263\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Active Equity Investing: Strategies 267\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 267\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Hedge Fund Strategies 273\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 273\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Overview of Private Wealth Management 283\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 283\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Topics in Private Wealth Management 291\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 291\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Portfolio Management for Institutional Investors 299\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 299\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Trade Strategy and Execution 305\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 305\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 Portfolio Performance Evaluation 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 315\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Investment Manager Selection 319\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSolutions 319\u003c\/p\u003e \u003cp\u003eAbout the CFA Program 333\u003c\/p\u003e \u003cp\u003e\u003cb\u003eCFA Institute\u003c\/b\u003e 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.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eCFA INSTITUTE INVESTMENT SERIES\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eThe expansive companion workbook to the \u003ci\u003eInvestment Management\u003c\/i\u003e volume in the \u003ci\u003eCFA Institute's Portfolio Management in Practice\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003eThe \u003ci\u003eInvestment Management Workbook\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003eWith the workbook, readers will learn to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eForm capital market expectations\u003c\/li\u003e \u003cli\u003eUnderstand the principles of the asset allocation process\u003c\/li\u003e \u003cli\u003eDetermine comprehensive investment strategies within each asset class\u003c\/li\u003e \u003cli\u003eIntegrate considerations specific to high net worth individuals or institutions into the selection of strategies\u003c\/li\u003e \u003cli\u003eExecute and evaluate chosen strategies and investment managers\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eInvestment Management\u003c\/i\u003e compiles all aspects of the portfolio management process into the first volume in the \u003ci\u003ePortfolio Management in Practice\u003c\/i\u003e 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. \u003c\/p\u003e\u003cp\u003eTo further develop an understanding of the tools and techniques explored here, don't forget to pick up the \u003ci\u003ePortfolio Management In Practice, Volume 1: Investment Management Workbook\u003c\/i\u003e— which provides a comprehensive companion study guide containing Learning Outcomes and Summary Overview sections along with challenging practice questions and solutions for the material.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989816819941,"sku":"NP9781119743750","price":50.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119743750.jpg?v=1761785566","url":"https:\/\/k12savings.com\/products\/portfolio-management-in-practice-volume-1-isbn-9781119743750","provider":"K12savings","version":"1.0","type":"link"}