The Equity Portfolio Management Workbook provides learners with real-world problems based on key concepts explored in Portfolio Management in Practice, Volume 3: Equity Portfolio Management. Part of the reputable CFA Institute Investment Series, the workbook is designed to further students’ and professionals’ hands-on experience with a variety of Learning Outcomes, Summary Overview sections, and challenging exercises and solutions.
Created with modern perspective, the workbook presents the necessary tools for understanding equity portfolio management and applying it in the workplace. This essential companion resource mirrors the main text, making it easy for readers to follow. Inside, users will find information and exercises about:
- The difference between passive and active equity strategies
- Market efficiency underpinnings of passive equity strategies
- Active equity strategies and constructing portfolios to reflect active strategies
- Technical analysis as an additional consideration in executing active equity strategies
While the Equity Portfolio Management volume and its companion workbook can be used in conjunction with the other volumes in the series, the pair also functions well as a standalone focus on equity investing. With each contributor bringing his own unique experiences and perspectives to the portfolio management process, the Equity Portfolio Management Workbook distills the knowledge, skills, and abilities readers need to succeed in today’s fast-paced financial world.
Table of Contents
Part I Learning Objectives, Summary Overview, and Problems 1
Chapter 1 Overview of Equity Securities 3
Learning Outcomes 3
Summary 3
Practice Problems 5
Chapter 2 Market Efficiency 9
Learning Outcomes 9
Summary 9
Practice Problems 10
Chapter 3 Overview of Equity Portfolio Management 15
Learning Outcomes 15
Summary 15
Practice Problem 16
Chapter 4 Passive Equity Investing 19
Learning Outcomes 19
Summary 19
Practice Problems 21
Chapter 5 Analysis of Active Portfolio Management 27
Learning Outcomes 27
Summary 27
Practice Problems 29
Chapter 6 Active Equity Investing: Strategies 39
Learning Outcomes 39
Summary 39
Practice Problems 41
Chapter 7 Active Equity Investing: Portfolio Construction 47
Learning Outcomes 47
Summary 47
Practice Problems 50
Chapter 8 Technical Analysis 55
Learning Outcomes 55
Summary 55
Practice Problems 58
Part II Solutions 65
Chapter 1 Overview of Equity Securities 67
Solutions 67
Chapter 2 Market Efficiency 69
Solutions 69
Chapter 3 Overview of Equity Portfolio Management 73
Solutions 73
Chapter 4 Passive Equity Investing 77
Solutions 77
Chapter 5 Analysis of Active Portfolio Management 81
Solutions 81
Chapter 6 Active Equity Investing: Strategies 89
Solutions 89
Chapter 7 Active Equity Investing: Portfolio Construction 95
Solutions 95
Chapter 8 Technical Analysis 101
Solutions 101
About the CFA Program 107
