Description
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 170,000 members in 160+ countries and territories, including 163,000 CFA(r); charterholders, and 150+ member societies. For more information, visit www.cfainstitute.org. Part I Learning Objectives, Summary Overview, and Problems Chapter 1 Introduction to Corporate Governance and Other ESG Considerations 3 Learning Outcomes 3 Summary Overview 4 Problems 5 Chapter 2 Introduction to Alternative Investments 7 Learning Outcomes 7 Summary Overview 7 Problems 10 Chapter 3 Real Estate Investments 17 Learning Outcomes 17 Summary Overview 18 Problems 20 Chapter 4 Private Equity Investments 33 Learning Outcomes 33 Summary Overview 33 Problems 34 Chapter 5 Introduction to Commodities and Commodity Derivatives 41 Learning Outcomes 41 Summary Overview 42 Problems 43 Chapter 6 Hedge Fund Strategies 51 Learning Outcomes 51 Summary Overview 51 Problems 54 Chapter 7 Capital Market Expectations: Forecasting Asset Class Returns 63 Learning Outcomes 63 Summary Overview 64 Problems 66 Chapter 8 Asset Allocation to Alternative Investments 75 Learning Outcomes 75 Summary Overview 75 Problems 78 Chapter 9 Integrated Cases in Risk Management: Institutional 87 Learning Outcomes 87 Part II Solutions Chapter 1 Introduction to Corporate Governance and Other ESG Considerations 91 Solutions 91 Chapter 2 Introduction to Alternative Investments 93 Solutions 93 Chapter 3 Real Estate Investments 101 Solutions 101 Chapter 4 Private Equity Investments 109 Solutions 109 Chapter 5 Introduction to Commodities and Commodity Derivatives 113 Solutions 113 Chapter 6 Hedge Fund Strategies 117 Solutions 117 Chapter 7 Capital Market Expectations: Forecasting Asset Class Returns 129 Solutions 129 Chapter 8 Asset Allocation to Alternative Investments 137 Solutions 137
