Overview
Our free CFA Level III Asset Allocation and Portfolio Construction notes cover everything you need to know for this module. From strategic and tactical asset allocation, liability-driven and goal-based approaches, to risk budgeting and portfolio optimization, we've got you covered. Whether you're intensively reviewing or looking to solidify specific concepts, these notes provide added peace of mind, knowing that you have a comprehensive resource to help consolidate and revise effectively for CFA Level III. Think something could be better? Give us a shout on our contact page, and we'll take a look.
We've created detailed study guides for all CFA Level III topics. Check out our other free notes below:
- Ethical and Professional Standards
- Behavioral Finance
- Private Wealth Management
- Institutional Investors
- Capital Market Expectations
- Asset Allocation and Portfolio Construction
- Fixed-Income Portfolio Management
- Equity Portfolio Management
- Derivatives and Currency Management
- Alternative Investments and Private Markets
- Risk Management
- Trading Execution and Rebalancing
- Performance Evaluation and Attribution
1. Strategic and tactical asset allocation
- Long-term policy portfolios and IPS linkage
- Tactical tilts implementation and governance
- Constraints liquidity and transaction costs
2. Liability-driven and goal-based approaches
- ALM surplus optimization and LDI
- Funding ratio risk and glidepaths
- Goal hierarchies and multi-bucket portfolios