As part of CFA Institute’s glorious tradition,there have been changes in various CFA readings for 2014.What I have noticed as most glaring are the new readings on residual risk and active investment in Portfolio Management. Just wondering that with the kind of emphasis ,PM could be tested on its maximum allocated topic weight. I wont be surprised if two item sets show up on exam day.
I’d be prepared for three item sets (maximum weight is 15%: http://www.cfainstitute.org/programs/cfaprogram/exams/Pages/exam_topic_area_weights.aspx).