CFA® L2 — Portfolio Management
Active portfolio management, factor models, ETFs, risk management. The bridge to the Level 3 portfolio focus.
Quick info
- Layer
- Professional Certifications
- Track
- CFA® Level 2
- Estimated hours
- 30 hrs
- Chapters
- 1
- Exam body
- CFA Institute
- Cost on Trustner
- Free
Every chapter below has Foundation, Deep Dive, and Advanced material — read in any order, expand each chapter to see the full content.
About this course
CFA L2 Portfolio Management covers active management theory, multi-factor models, risk budgeting. ~5-10% weight. Item sets test factor-model interpretation, IR/IC analysis.
Who this is for
- CFA L2 candidates.
- Active portfolio managers.
- Risk officers and consultants.
What you'll learn
- Multi-factor models (Fama-French, BARRA-style, macroeconomic)
- Active management — Fundamental Law of Active Management
- Information ratio, information coefficient, breadth
- Risk budgeting and contribution to active risk
Course material — 1 chapters
Each chapter offers three tiers — Foundation for the core concept, Deep Dive for worked examples and practitioner depth, and Advanced for edge cases and exam tips. Click any chapter to expand.
More from CFA® Level 2
CFA® L2 — Quantitative Methods
Multiple regression, time-series, machine-learning fundamentals, big-data techniques. Quant that actually shows up in research roles.
CFA® L2 — Economics
Currency exchange rates, economic growth models, regulation, sustainable investing — economics applied to investment decisions.
CFA® L2 — Financial Statement Analysis
Inter-corporate investments, business combinations, employee compensation, multinational operations, quality of financial reports — where the heavy lifting begins.
CFA® L2 — Corporate Issuers
Capital structure decisions, ESG analysis, M&A and corporate restructuring at the depth analysts need.