Anyone knows the page # in CFAI text where the topics for these new LOS appear? I am using the CFAI 2013 text book and struggling to find a difference between the content except the LOS.
The 4 new LOS are:
“k. demonstrate the application of mean–variance analysis to decide whether to include an additional asset class in an existing portfolio; l. describe risk, cost, and opportunities associated with nondomestic equities and bonds;” “m. explain the importance of conditional return correlations in evaluating the diversification benefits of nondomestic investments; n. explain expected effects on share prices, expected returns, and return volatility as a segmented market becomes integrated with global markets;” Many thanks!