Chapter 1: Portfolio Management Overview

In this section

• The Portfolio Approach and the Investment Management Process
  The Portfolio Approach and the Investment Management Process (CFA Level 1): Holistic Perspective: Why a Portfolio?, Investment Management Process: Steps & Iterations, and 1) Setting Clear Objectives. Key definitions, formulas, and exam tips.
• Types of Investors and Their Distinctive Characteristics
  Types of Investors and Their Distinctive Characteristics (CFA Level 1): Broad Categories of Investors, Individuals, and Retail Investors. Key definitions, formulas, and exam tips.
• Role of Pooled Investment Products (Mutual Funds, ETFs, Etc.)
  Role of Pooled Investment Products (Mutual Funds, ETFs, Etc.) (CFA Level 1): Understanding Key Pooled Vehicles, Mutual Funds, and Exchange-Traded Funds (ETFs). Key definitions, formulas, and exam tips.
• Overview of the Asset Management Industry
  Overview of the Asset Management Industry (CFA Level 1): Global Asset Management Landscape, Industry Structure and Key Players, and Competitive Dynamics and Innovation. Key definitions, formulas, and exam tips.
• Linking Ethical Standards to Portfolio Management Practices
  Linking Ethical Standards to Portfolio Management Practices (CFA Level 1): Why Ethics Matter for Portfolio Management and Core of Ethical Portfolio Management: The CFA. Key definitions, formulas, and exam tips.
• Integration of Macroeconomic Indicators in Portfolio Decisions
  Integration of Macroeconomic Indicators in Portfolio Decisions (CFA Level 1): Understanding the Role of Macroeconomic Indicators and GDP Growth and Market Sentiment. Key definitions, formulas, and exam tips.
• Historical Evolution of Portfolio Theories
  Historical Evolution of Portfolio Theories (CFA Level 1): Markowitz’s Foundational Work and the Early Days, Core Concepts Introduced by Markowitz, and From Concept to Application. Key definitions, formulas, and exam tips.
• Product Offerings and Service Models in Asset Management
  Product Offerings and Service Models in Asset Management (CFA Level 1): Common Product Structures, Segregated Accounts, and Mutual Funds. Key definitions, formulas, and exam tips.
• Communication Strategies with Clients and Stakeholders
  Communication Strategies with Clients and Stakeholders (CFA Level 1): Why Communication Matters, Presenting Complex Financial Concepts in Plain Language, and Building Blocks of Plain Language. Key definitions, formulas, and exam tips.
• Corporate Governance Influence on Portfolio Oversight
  Corporate Governance Influence on Portfolio Oversight (CFA Level 1): Corporate Governance Fundamentals, Governance Structures in Asset Management Firms, and Business Case for Good Governance in Portfolio. Key definitions, formulas, and exam tips.
• Collaboration Between Analysts and Portfolio Managers
  Collaboration Between Analysts and Portfolio Managers (CFA Level 1): Roles and Responsibilities, Importance of Effective Communication, and Structured Analyst Recommendations. Key definitions, formulas, and exam tips.
• Managing Portfolio Teams and Operational Structures
  Managing Portfolio Teams and Operational Structures (CFA Level 1): Common Team Structures, Individual Portfolio Manager Model, and Team-Based Model. Key definitions, formulas, and exam tips.
• Key Success Factors and Metrics in Portfolio Management Businesses
  Key Success Factors and Metrics in Portfolio Management Businesses (CFA Level 1): Consistent Performance and Robust Risk Control and Prioritizing Client Satisfaction. Key definitions, formulas, and exam tips.
• Regulatory Frameworks Impacting Portfolio Strategy
  Regulatory Frameworks Impacting Portfolio Strategy (CFA Level 1): Key Regulatory Bodies, SEC (United States), and ESMA (European Union). Key definitions, formulas, and exam tips.
• Professional Development Pathways in Asset Management
  Professional Development Pathways in Asset Management (CFA Level 1): Common Career Paths in Asset Management, Value of Professional Certifications and Degrees, and Continuous Learning and Industry Engagement. Key definitions, formulas, and exam tips.
• Lessons from Market Crises and Behavioral Patterns
  Lessons from Market Crises and Behavioral Patterns (CFA Level 1): Historical Perspective on Major Crises, 1987 Crash, and Dot-Com Bubble (2000). Key definitions, formulas, and exam tips.