Skip to content

CFA Study Guide

fundamental law

Fundamental Law of Active Management

July 19, 2020 by CFA Study Guide
CFA Equity

Integrating the Building Blocks: Breadth of Expertise A manager may be more or less successful at combining these three sources …

Read more

Building Blocks of Active Equity Portfolio Construction

July 19, 2020 by CFA Study Guide
CFA Equity

Investors who pursue active management are looking to generate portfolio returns in excess of benchmark returns (adjusted for all costs) …

Read more

Module 50.4 LOS 50.e: Using Fundamental Law to Compare Active Strategies

May 2, 2019 by CFA Study Guide
Cfa portfolio management

The CFA presents market timing as an alternative strategy to simple security selection. Market timers be on the direction of …

Read more

Module 50.3 LOS 50.c: Understand the fundamental law and its components

May 2, 2019 by CFA Study Guide
Cfa portfolio management

The information ratio is made up of three components, the information coefficient, which is an ex-ante measure of manager skill. …

Read more

Quick Nav

  • The CFA Level III Series: Table of Contents
  • The CFA Level II Series: Table of Contents
  • The CFA Level I Series: Intro and Table of Contents

Word Map

active return active risk alternative investments ANOVA asset allocation behavioral finance business cycle capital account CFA cfa exam CFA level 1 cfa level I CFA Level II cfa level III confidence intervals convexity corporate finance covered call current account derivatives earnings quality Economics effective duration equity equity forecasting exchange rates financial reporting and analysis fiscal policy fixed income fundamental law grinold kroner information ratio Institutional Investors IPS IS level III macaulay duration Modified duration monetary policy money duration portfolio management private wealth management quantitative methods residual income Sharpe ratio
  • Privacy Policy
  • Terms
  • Contact
© 2025 CFA Study Guide • Built with GeneratePress