The ninth subject that students appearing for CFA Level-1 exam area is an extremely important one - that on Portfolio Management & Wealth Planning. CFA ultimately boils down to an excellent Portfolio Management & Wealth Planning exercise. A Portfolio Manager is someone who understands how the multitude of investment opportunities - equity, fixed income and derivatives - work in harmony and for the benefit of the investor, what the importance of Alternate Investments is, and how he can help diversify the risks faced by the investor to maximise returns.
Portfolio Managers work towards minimizing the risk while maximizing the return, taking advantage of the numbers that are available to them as market players. The topics covered in this subject are: