,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 Quizzes
7. Reading 38: Case Study in Risk Management: Private Wealth
1. Exam Focus
2. Module 38.1: Early Career Stage
3. Module 38.2: Career Development Stage
4. Module 38.3: Peak Accumulation Stage
, 5. Module 38.4: Early Retirement Stage
6. Key Concepts
7. Answer Key for Module Quizzes
8. Topic Assessment: Institutional Investors; Trading, Performance Evaluation, and
Manager Selection; and Case Studies
9. Topic Assessment Answers: Institutional Investors; Trading, Performance Evaluation,
and Manager Selection; and Case Studies
10. Formulas
11. Copyright
, List of Pages
1. v
2. vi
3. vii
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5. 2
6. 3
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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 Quizzes
7. Reading 38: Case Study in Risk Management: Private Wealth
1. Exam Focus
2. Module 38.1: Early Career Stage
3. Module 38.2: Career Development Stage
4. Module 38.3: Peak Accumulation Stage
, 5. Module 38.4: Early Retirement Stage
6. Key Concepts
7. Answer Key for Module Quizzes
8. Topic Assessment: Institutional Investors; Trading, Performance Evaluation, and
Manager Selection; and Case Studies
9. Topic Assessment Answers: Institutional Investors; Trading, Performance Evaluation,
and Manager Selection; and Case Studies
10. Formulas
11. Copyright
, List of Pages
1. v
2. vi
3. vii
4. 1
5. 2
6. 3
7. 4
8. 5
9. 6
10. 7
11. 8
12. 9
13. 10
14. 11
15. 12
16. 13
17. 14
18. 15
19. 16
20. 17
21. 18
22. 19
23. 20
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25. 22
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27. 24
28. 25
29. 26
30. 27
31. 28
32. 29
33. 30
34. 31
35. 32
36. 33
37. 34
38. 35
39. 36
40. 37
41. 38
42. 39
43. 40
44. 41
45. 42
46. 43
47. 44
