{"id":34223,"date":"2023-11-08T06:44:58","date_gmt":"2023-11-08T06:44:58","guid":{"rendered":"https:\/\/analystprep.com\/study-notes\/?p=34223"},"modified":"2023-11-08T06:51:37","modified_gmt":"2023-11-08T06:51:37","slug":"study-notes-for-cfa-level-iii-active-equity-investing-portfolio-construction-offered-by-analystprep","status":"publish","type":"post","link":"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/study-notes-for-cfa-level-iii-active-equity-investing-portfolio-construction-offered-by-analystprep\/","title":{"rendered":"Study Notes for CFA\u00ae Level III \u2013 Active Equity Investing: Portfolio Construction \u2013 offered by AnalystPrep"},"content":{"rendered":"

Reading 26: Active Equity Investing: Portfolio Construction<\/h2>\n

Los 26 a: Describe elements of a manager\u2019s investment philosophy that influence the portfolio construction process<\/a><\/p>\n

Los 26 b: Discuss approaches for constructing actively managed equity portfolios<\/a><\/p>\n

Los 26 c: Discuss approaches for constructing actively managed equity portfolios<\/a><\/p>\n

Los 26 d: Distinguish between Active Share and Active Risk and discuss how each measure relates to a manager\u2019s investment strategy<\/a><\/p>\n

Los 26 e: Discuss the application of risk budgeting concepts in portfolio construction<\/a><\/p>\n

Los 26 f: Discuss risk measures that are incorporated in equity portfolio construction and describe how limits set on these measures affect portfolio construction<\/a><\/p>\n

Los 26 g: Discuss how assets under management, position size, market liquidity, and portfolio turnover affect equity portfolio construction decisions<\/a><\/p>\n

Los 26 h: Evaluate the efficiency of a portfolio structure given its investment mandate<\/a><\/p>\n

Los 26 i: Discuss the long-only, long extension, long\/short, and equitized market-neutral approaches to equity portfolio construction, including their risks, costs, and effects on potential alphas<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reading 26: Active Equity Investing: Portfolio Construction Los 26 a: Describe elements of a manager\u2019s investment philosophy that influence the portfolio construction process Los 26 b: Discuss approaches for constructing actively managed equity portfolios Los 26 c: Discuss approaches for…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[571],"tags":[],"class_list":["post-34223","post","type-post","status-publish","format-standard","hentry","category-cfa-level-iii","blog-post","no-post-thumbnail","animate"],"acf":[],"yoast_head":"\nStudy Notes for CFA\u00ae Level III \u2013 Active Equity Investing: Portfolio Construction \u2013 offered by AnalystPrep - CFA, FRM, and Actuarial Exams Study Notes<\/title>\n<meta name=\"description\" content=\"Active Equity Investing: Portfolio Construction\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/analystprep.com\/study-notes\/cfa-level-iii\/study-notes-for-cfa-level-iii-active-equity-investing-portfolio-construction-offered-by-analystprep\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Study Notes for CFA\u00ae Level III \u2013 Active Equity Investing: Portfolio Construction \u2013 offered by AnalystPrep - 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