Portfolio Management in Practice, Volume 3

As part of the CFA Institute Investment Series, Portfolio Management in Practice has been designed as a three-volume series that meets the needs of a wide range of individuals, from graduate-level students focused on finance to practicing investment professionals. Blending theory with practice, the contributors skillfully outline the flow of the portfolio management process, detailing the most important issues surrounding this multifaceted topic. Throughout the texts, special attention is paid to ensure the evenness of subject matter, consistency of mathematical notation, and continuity of topic coverage that is so critical to the learning process.

Equity Portfolio Management, the third volume in the Portfolio Management in Practice series, offers a fuller treatment of active versus passive equity investment strategies. Building on content in the Investment Management and Equity Valuation volumes in the CFA Institute Investment Series, Equity Portfolio Management serves as an in-depth technical examination on building and evaluating active equity methods.

This volume explores:

• An overview of passive versus 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

To further enhance readers' understanding of the tools and techniques explored here, don't forget to pick up the Portfolio Management in Practice, Volume 3: Equity Portfolio Management Workbook, the companion study guide containing Learning Outcomes, Summary Overview sections, challenging practice questions, and solutions.