Chapter 10: Portfolio Management

In this section

• Portfolio Risk and Return: Part I
  Explore key concepts such as major asset classes, risk aversion, utility theory, and the efficient frontier in portfolio management to optimize risk-return outcomes.
• Portfolio Risk and Return: Part II
  Explore the Capital Allocation Line, systematic vs. nonsystematic risk, the CAPM, performance evaluation measures, and more in a comprehensive yet friendly deep dive into modern portfolio theory.
• Portfolio Management: An Overview
  Discover how portfolios are constructed, managed, and monitored to meet diverse investment goals, highlighting the significance of diversification, strategic and tactical allocation, and key investor considerations.
• Basics of Portfolio Planning and Construction
  Explore the essentials of creating a tailored portfolio plan, from the role of an Investment Policy Statement (IPS) to risk-return objectives, constraints, and asset allocation principles.
• The Behavioral Biases of Individuals
  Explore core behavioral biases – from loss aversion to herding – and discover how these emotional and cognitive influences shape investment decisions and drive market anomalies.
• Introduction to Risk Management
  Learn key concepts of risk management, including risk frameworks, risk governance, risk tolerance, and practical methods to measure and modify risk exposures, for a solid foundation in CFA Level I studies.