Active Equity Investing: Portfolio Construction

Free CFA Level III: Portfolio Management lesson in Active Equity Investing. 16 min read, ~2,448 words.

Learning Outcome Statements. 1. describe elements of a manager's investment philosophy that influence the portfolio construction process. 2. discuss approaches for constructing actively managed equity portfolios. 3. distinguish between Active Share and active risk and discuss how each measure relates to a manager's investment strategy. 4. discuss the application of...

Read the full lesson, free →

Worked examples, audio narration, and practice. No signup to read.

What this lesson covers

Content
Example 1
Example 2
Common Mistakes
Key Takeaways
Exam Shortcuts

Learning objectives

active equity strategies
active equity construction

Browse all free CFA L3 Portfolio Mgmt lessons or jump into free CFA L3 Portfolio Mgmt practice questions.