The Asset Allocation Workbook offers a range of practical information and exercises that reinforce the key concepts explored in Portfolio Management in Practice, Volume 2: Asset Allocation. Part of the reputable CFA Institute Investment Series, the workbook is designed to further students’ and professionals’ hands-on experience with a variety of learning outcomes, summary overview sections, and challenging problems and solutions.
The workbook provides the necessary tools and latest information to help learners advance their skills in this critical facet of portfolio management. Aligning chapter-by-chapter with the main text so readers can easily pair exercises with the appropriate content, this workbook covers:
Setting capital market expectations to support the asset allocation process Principles and processes in the asset allocation process, including handling ESG-integration and client-specific constraints Allocation beyond the traditional asset classes to include allocation to alternative investments The role of exchange-traded funds can play in implementing investment strategies
The Asset Allocation Workbook has been compiled by experienced CFA members to give learners world-class examples based on scenarios faced by finance professionals every day. For practice on additional aspects of portfolio management, explore Volume 1: Investment Management, Volume 3: Equity Portfolio Management, and their accompanying workbooks to complete the Portfolio Management in Practice series.
By:
CFA Institute
Imprint: John Wiley & Sons Inc
Country of Publication: United States
Dimensions:
Height: 252mm,
Width: 175mm,
Spine: 10mm
Weight: 318g
ISBN: 9781119788089
ISBN 10: 1119788080
Series: CFA Institute Investment Series
Pages: 176
Publication Date: 12 November 2020
Audience:
Professional and scholarly
,
Undergraduate
Format: Paperback
Publisher's Status: Active
Part I Learning Objectives, Summary Overview, and Problems 1 Chapter I Basics of Portfolio Planning and Construction 3 Learning Outcomes 3 Summary 3 Practice Problems 5 Chapter 2 Security Market Indexes 9 Learning Outcomes 9 Summary 9 Practice Problems 10 Chapter 3 Capital Market Expectations, Part 1: Framework and Macro Considerations 17 Learning Outcomes 17 Summary 18 Practice Problems 21 Chapter 4 Capital Market Expectations, Part 2: Forecasting Asset Class Returns 27 Learning Outcomes 27 Summary 28 Practice Problems 30 Chapter 5 Overview of Asset Allocation 39 Learning Outcomes 39 Summary 40 Practice Problems 41 Chapter 6 Principles of Asset Allocation 45 Learning Outcomes 45 Summary 46 Practice Problems 47 Chapter 7 Asset Allocation with Real-World Constraints 57 Learning Outcomes 57 Summary 57 Practice Problems 59 Chapter 8 Asset Allocation to Alternative Investments 69 Learning Outcomes 69 Summary 69 Practice Problems 72 Chapter 9 Exchange-Traded Funds: Mechanics and Applications 81 Learning Outcomes 81 Summary 81 Practice Problems 83 Chapter 10 Case Study in Portfolio Management: Institutional 89 Learning Outcomes 89 Summary 89 Practice Problems 90 Part II Solutions 95 Chapter 1 Basics of Portfolio Planning and Construction 97 Solutions 97 Chapter 2 Security Market Indexes 101 Solutions 101 Chapter 3 Capital Market Expectations, Part I: Framework and Macro Considerations 105 Solutions 105 Chapter 4 Capital Market Expectations, Part II: Forecasting Asset Class Returns 111 Solutions 111 Chapter 5 Overview of Asset Allocation 119 Solutions 119 Chapter 6 Principles of Asset Allocation 121 Solutions 121 Chapter 7 Asset Allocation with Real-World Constraints 129 Solutions 129 Chapter 8 Asset Allocation to Alternative Investments 135 Solutions 135 Chapter 9 Exchange-Traded Funds: Mechanics and Applications 145 Solutions 145 Chapter 10 Case Study in Portfolio Management: Institutional 151 Solutions 151 About the CFA Program 157
CFA Institute 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.
