Free CFA Level III: Portfolio Management Lessons

Index-Based Equity Strategies

• Index-Based Equity Strategies (24 min)

Active Equity Investing

• Active Equity Investing: Portfolio Construction (17 min)
• Active Equity Investing: Strategies (16 min)

Liability-Driven & Index-Based Strategies

• Liability-Driven and Index-Based Strategies (20 min)

Case Study: Endowment

• Case Study in Risk Management: Endowment (33 min)

Credit Strategies

• Fixed-Income Active Management: Credit Strategies (21 min)

Trade Strategy & Execution

• Trade Strategy and Execution (15 min)

Yield Curve Strategies

• Yield Curve Strategies (22 min)

Asset Allocation

• Capital Market Expectations: Framework and Macro Considerations (34 min)
• Capital Market Expectations: Forecasting Asset Class Returns (37 min)
• Overview of Asset Allocation (32 min)
• Principles of Asset Allocation (45 min)
• Asset Allocation with Real-World Constraints (24 min)

Portfolio Construction

• Asset Allocation to Alternative Investments (26 min)
• Overview of Equity Portfolio Management (29 min)
• Overview of Fixed-Income Portfolio Management (37 min)
• Portfolio Management for Institutional Investors (26 min)
• Overview of Private Wealth Management (29 min)
• Case Study: Sovereign Wealth Fund (32 min)
• Trading Costs and Electronic Markets (35 min)

Performance Measurement

• Overview of the Global Investment Performance Standards (26 min)
• Investment Manager Selection (38 min)
• Portfolio Performance Evaluation (38 min)

Derivatives & Risk Management

• Currency Management: An Introduction (32 min)
• Options Strategies (32 min)
• Swaps, Forwards, and Futures Strategies (33 min)

Ethical & Professional Standards

• Application of the Code and Standards: Level III (15 min)
• Asset Manager Code of Professional Conduct (15 min)
• Code of Ethics and Standards of Professional Conduct (15 min)
• Guidance for Standards I, II, and III (Professionalism, Integrity of Capital Markets, Duties to Clients) (12 min)
• Guidance for Standards IV, V, VI, and VII (Duties to Employers; Investment Analysis, Recommendations, and Actions; Conflicts of Interest; Responsibilities as a CFA Institute Member or CFA Candidate) (11 min)