Wiley′s 11th Hour Final Review Guide for 2018 Level III CFA Exam compacts all thirty–two readings tested on the 2018 CFA exam into one portable volume. Organized in order from Reading #1 to #32, this best–selling guide has helped thousands of candidates from over one–hundred countries pass the CFA exam.
Designed to boil it all down to the crucial concepts, formulas and rules, this guide ensures candidates are familiar with the most important testable information. It′s difficult to go over multiple books in the last few weeks before the exam, so Wiley′s 11th Hour Review Guide does the work for you condensing each reading down to two– to five pages. Enter the exam room with confidence and reinforce your knowledge and preparation! This comprehensive guide complements Wiley′s CFA Study Guides sold separately but may be used with any review course. An effective, efficient study guide, this book prepares you to reach the next level in your career.
The Eleventh Hour Review book is simply brilliant. Virtually every sentence it contains is testable it s an absolute must–have for every Level I candidate. – Ameer, UK
The eleventh hour guide was a great help. – Konrad, South Africa
"I used your eleventh hour guide and mock exams for the last bit of my studying and greatly enjoyed your material. Out of all of the exam prep material, I thought [yours] was the best." – Thomas, USA
"Thanks to the team for writing the most intelligent Chartered Financial Analyst material I have seen to date. The eleventh hour guide is absolute genius and proving very valuable at this stage of the revision process." – Doug, UK
Table of Contents
Foreword VII
Ethical and Professional Standards
Study Session 1: Code of Ethics and Standards of Professional Conduct 1
Study Session 2: Ethical and Professional Standards in Practice 57
Behavioral Finance
Study Session 3: Behavioral Finance 69
Private Wealth Management
Study Session 4: Private Wealth Management (1) 91
Study Session 5: Private Wealth Management (2) 113
Institutional Investors
Study Session 6: Portfolio Management for Institutional Investors 137
Capital Market Expectations
Study Session 7: Applications of Economic Analysis to Portfolio Management 151
Asset Allocation
Study Session 8: Asset Allocation and Related Decisions in Portfolio Management (1) 175
Study Session 9: Asset Allocation and Related Decisions in Portfolio Management (2) 189
Fixed Income
Study Session 10: Fixed–Income Portfolio Management (1) 215
Study Session 11: Fixed–Income Portfolio Management (2) 229
Equity Portfolio Management
Study Session 12: Equity Portfolio Management 251
Alternative Investments
Study Session 13: Alternative Investments for Portfolio Management 273
Risk Management
Study Session 14: Risk Management 299
Risk Management Application of Derivatives
Study Session 15: Risk Management Applications of Derivatives 307
Portfolio Trading, Monitoring, and Rebalancing
Study Session 16: Trading, Monitoring, and Rebalancing 325
Performance Evaluation
Study Session 17: Performance Evaluation 335
Global Investment Performance Standards
Study Session 18: Global Investment Performance Standards 343