Special Investment Situations.
The Private Markets Pathway learning modules focus on the realm of private investments. These investments can be in the form of company debt or equity, real estate, or infrastructure. A key characteristic of these investments is their illiquidity, meaning they…
Measuring Return, Volatility, and Correlation
After completing this reading, you should be able to: Calculate, distinguish, and convert between simple and continuously compounded returns. Define and distinguish between volatility, variance rate, and implied volatility. Describe how the first two moments may be insufficient to describe…
Investing in Private Markets and Public Markets
Post the Global Financial Crisis (GFC) of 2008–2009, the subsequent decade witnessed favorable market conditions, including low interest rates, rising valuations, and increased risk appetite. These conditions led to private markets outperforming their public counterparts in terms of generating returns…
Public and Private Market Performance
Public Markets Public markets include listed equity and debt securities from mature issuers with stable cash flows. For instance, companies like Apple and Microsoft are part of the public market. Large public equity issuers usually pay periodic dividends to shareholders,…
Private Investment Methods.
Investing in private markets presents a unique set of opportunities and challenges compared to public markets. Private investments often involve more complex structures, longer holding periods, and a higher degree of engagement from managers. Understanding the various methods and structures…
Private and Public Investments.
Investing in the financial markets can broadly be categorized into public and private investments. Each type offers distinct features, benefits, and challenges. Understanding these differences is crucial for investors aiming to diversify their portfolios and optimize returns. Public Investments Public…
Standard VII – Responsibilities as a CFA Institute Member or CFA Candidate
Standard VII(A) – Conduct as participants in CFA Institute programs Standard VII(B) – Reference to CFA Institute, the CFA Designation, and the CFA Program
Standard VI – Conflicts of Interest
Standard VI(A) – Disclosure of Conflicts Standard VI(B) – Priority of transactions Standard VI(C) – Referral Fees
Standard V – Investment Analysis
Standard V(A) – Diligence and Reasonable Basis Standard V(B) – Communication with Clients and Prospective Clients Standard V(C) – Record Retention
Standard IV – Duties to Employers
Standard IV(A) – Loyalty Standard IV(B) – Additional Compensation Arrangements Standard IV(C) – Responsibilities of Supervisors
