We all know that 10% is Ethics, so excluding that, has anyone compiled a list of the “Top 10 Topics You Need to Know” of the remaining 15 Study Sessions? I’m putting together my final week review list. 1. IPS: RRTTLLU, specifically formulate a Risk Tolerance and Return Objective. 2. Wealth Planning : Tax aware investments & low basis stock. 3. DB Pension Plan Considerations: §lan Surplus, §rofits, ©ommon Factor Risks, (F)eatures, (W)orkforce Characteristics also relationship of Firm Beta and Plan Beta. 4. Global Asset Allocation: SAA v TAA, characteristics of ins co & banks, MVF, impact of currency on returns & volatility 5. Bond Rebalancing & Risk Minimization: Dollar Duration Targets, DD Assets v. DD Liabilities, Using Futures to hedge bonds (# of contracts, cross hedging issues, measures of risk, MBS hedging error) 6. Active Investing: Expected utility of active return, portable alpha, components of active return, information ratio. 7. Alternative investments: Know how alt inv impact risk (Sharpe ratio) & return of portfolio, direct v. indirect Real Estate inv, Commodity Returns (roll yield, cash & carry). 8. Risk: VaR calculation methods, Risk Adjusted Performance Evaluation, Hedge Ratio and impact of basis risk. 9. Global Performance Evaluation: Benchmark properties, TWR v. MWR, Calc total return in base currency, Jensen v. Treynor v. Sharpe. 10. GIPS!!! Please post your list so we can revise and refine.
There are a LOT more than 10 
Check this thread out. http://www.analystforum.com/phorums/read.php?13,967038,page=1
sjuhawk Wrote: ------------------------------------------------------- > > 1. IPS: RRTTLLU, specifically formulate a Risk > Tolerance and Return Objective. > 3. DB Pension Plan Considerations: §lan Surplus, > §rofits, ©ommon Factor Risks, (F)eatures, > (W)orkforce Characteristics also relationship of > Firm Beta and Plan Beta. > 4. Global Asset Allocation: SAA v TAA, > characteristics of ins co & banks, MVF, impact of > currency on returns & volatility Within AA material, definitely add CPPI, B&H, and Constant proportion > 5. Bond Rebalancing & Risk Minimization: Dollar > Duration Targets, DD Assets v. DD Liabilities, > Using Futures to hedge bonds (# of contracts, > cross hedging issues, measures of risk, MBS > hedging error) I would add immunization strategies as well as active bond management here. > 6. Active Investing: Expected utility of active > return, portable alpha, components of active > return, information ratio. > 7. Alternative investments: Know how alt inv > impact risk (Sharpe ratio) & return of portfolio, > direct v. indirect Real Estate inv, Commodity > Returns (roll yield, cash & carry). > 8. Risk: VaR calculation methods, Risk Adjusted > Performance Evaluation, Hedge Ratio and impact of > basis risk. > 9. Global Performance Evaluation: Benchmark > properties, TWR v. MWR, Calc total return in base > currency, Jensen v. Treynor v. Sharpe. + micro and global perf attribution > 10. GIPS!!! Still a lot to lock down!
livino, what do you mean by CPPI and B&H. I don’t have my notes with me @ work.
Is it true that the hawk never dies?
Constant Proportion Portfolio Insurance and Buy and Hold - two of the rebalancing strategies mentioned within the asset allocation material.
Don’t forget constant mix. It performs well in volatile non trending markets!
*Bump* Just wanted to see if anyone else had something to add to the list