1、CFA三變化對比（2018-繼去年 行為金融（BehaviorFinance , 機(jī)構(gòu)投資的組合管理（PortfolioManagementforInstitutionalInvestors經(jīng)濟(jì)分析的組合管理應(yīng)用（Application of Management,ysis to 另類投資的組合管理（AlternativeInvestmentsforPortfolioManagementCFA三變化對比（2018-繼去年 行為金融（BehaviorFinance , 機(jī)構(gòu)投資的組合管理（PortfolioManagementforInstitutionalInvestors經(jīng)濟(jì)分析的組合管理應(yīng)

2、用（Application of Management,ysis to 另類投資的組合管理（AlternativeInvestmentsforPortfolioManagement風(fēng)險(xiǎn)管理（RiskManagementSS16- 全球投資業(yè)績標(biāo)準(zhǔn)（GlobalInvestmenttandards,職業(yè)道德（Ethicaland3：新增 32Study10：tudy 9 中的 Reading 18（原 Reading16）刪除 1 條考綱；10固定收益組合管理e Portfolio Management, SS11-12）：12 中的Reading24（原Reading23）2 , 1412；修

3、改后的Study, 的名稱改變， 從“ Trading, Monitoring radingtudy 18（16） 中刪除一整職業(yè)道德（Study1 -StudyReading 5. Overview of the Asset Management Industry and describethestructureoftheassetmanagementdiscuss a portfolio management ownerss職業(yè)道德（Study1 -StudyReading 5. Overview of the Asset Management Industry and describet

4、hestructureoftheassetmanagementdiscuss a portfolio management ownersst supports achieving discusstheelementsofeffectiveReading6.alisminInvestments and how they establish trust; alismininvestmentmanagement;ions of and challenges for investment describeexplainStudy將“the Code of Ethics and Standards of

5、 InstituteCodeofEthicsand StandardsofProfes and Standards”al Conduct”改為“the al Conduct”或“the 資產(chǎn)配置（Study1. StudyReading9 中的Reading18（原Reading16）1roductiontoAssetdescribe elements of effective ernanceconsiderationsinasseternance and 2. StudyReading20MarketIndexesand固定收益組合管理（StudyStudyStudy中的Reading24（

6、Reading23）2Reading24.YieldCurveexplainhowtoexecuteacarryer-marketcurve權(quán)益組合管理（Study1 個2。修改后的StudyReadingroductiontoEquityPortfoliodescribetherolesofheoverall權(quán)益組合管理（Study1 個2。修改后的StudyReadingroductiontoEquityPortfoliodescribetherolesofheoveralldescribe the types e and costs ted with owning managing an

7、 equity portfolio and their potential effects on describethepotentialbenefitsofshareholderengagementandtheroleequitymanagermightplayinshareholderdescribe rationales for equity investment across the Reading27.PassiveEquitydiscuss considerations in choosing a ark sively equity comparedifferentapproach

8、estopassiveequitycompare the full replication, stratified ling, and approachesfortheconstructionofpassivelymanagedequitydiscuss potential causes of tracking error and methods to control errorforpassivelymanagedequityexplainofreturnandrisksivelymanagedequityReading28.ActiveEquityInvesting:comparefund

9、amentaliveapproachestoactivetheir tederrorforpassivelymanagedequityexplainofreturnandrisksivelymanagedequityReading28.ActiveEquityInvesting:comparefundamentaliveapproachestoactivetheir tedyzetop-downactivestrategies,includingtheirrationaleandyze factor-based active strategies, including their tedyze

10、 strategies, including their rationale and describe strategies based on istical arbitrage and describehowfundamentalactiveinvestmentstrategiesaredescribeiveactiveinvestmentstrategiesarediscussequityinvestmentstyleReading29.ActiveEquityInvesting:Portfoliodescribe elements of a managers investment t t

11、heportfolioconstructiondiscussapproachesforconstructingactivelymanagedequitydistinguish n Active Share and active risk and discuss how measurerelatestoamanagersinvestmentdiscusstheapplicationofriskbudgetingconceptsinportfoliodiscussriskmeasurerelatestoamanagersinvestmentdiscusstheapplicationofriskbudgetingconceptsinportfoliodiscussrisktareincorporatedinequityportfolioanddescribehowlimitssetonthesemeasuresaffectportfoliodiscusshow assets under itionsize,marketliquidity,portfolioturnoveraffectequityportfolioconstructiondiscuss the long-only, long , long/sho