CFA三级第五册课后 2020 Level III - SchweserNotes Book 5.pdf

Contents 1. Learning Outcome Statements (LOS) 2. Reading 33: Portfolio Management for Institutional Investors 1. Exam Focus 2. Module 33.1: Overview of Institutional Investors 3. Module 33.2: Pension Funds 4. Module 33.3: Sovereign Wealth Funds 5. Module 33.4: University Endowments and Private Foundations 6. Module 33.5: Banks and Insurers 7. Key Concepts 8. Answer Key for Module Quizzes 3. Reading 34: Trade Strategy and Execution 1. Exam Focus 2. Module 34.1: Trade Motivations 3. Module 34.2: Reference Price Benchmarks for Trade Execution 4. Module 34.3: Trade Execution and Strategy Implementation 5. Module 34.4: Trade Cost Measurement 6. Module 34.5: Evaluating Trade Execution 7. Key Concepts 8. Answer Key for Module Quizzes 4. Reading 35: Portfolio Performance Evaluation 1. Exam Focus 2. Module 35.1: Performance Evaluation 3. Module 35.2: Approaches to Return Attribution 4. Module 35.3: Benchmarking Investments and Managers 5. Module 35.4: Performance Appraisal 6. Key Concepts 7. Answer Key for Module Quizzes 5. Reading 36: Investment Manager Selection 1. Exam Focus 2. Module 36.1: Manager Selection Process 3. Module 36.2: Approaches to Manager Analysis 4. Module 36.3: Evaluating Managers 5. Module 36.4: Manager Contracts and Fees 6. Key Concepts 7. Answer Key for Module Quizzes 6. Reading 37: Case Study in Portfolio Management: Institutional 1. Exam Focus 2. Module 37.1: Managing Liquidity Risk 3. Module 37.2: Addressing Liquidity Needs 4. Module 37.3: Modifying Asset Allocation 5. Key Concepts 6. Answer Key for Module Quizz