Put These Notes into Practice
Reading the notes is a great start. Now practise with unlimited AI-generated questions and get instant feedback. 100,000+ students are already improving their grades.
CFA Level III
8 sections available · 50 chapters available
Free CFA Level III revision notes for CFA students. Each chapter covers a key topic with worked examples and practice prompts you can take straight into the thinka app.
Asset Allocation
Capital Market Expectations, Part 1: Framework and Macro Considerations
Capital Market Expectations, Part 2: Forecasting Asset Class Returns
Overview of Asset Allocation
Principles of Asset Allocation
Asset Allocation with Real-World Constraints
Portfolio Construction
Overview of Equity Portfolio Management
Overview of Fixed-Income Portfolio Management
Asset Allocation to Alternative Investments
An Overview of Private Wealth Management
Portfolio Management for Institutional Investors
Trading Costs and Electronic Markets
Case Study in Portfolio Management: Institutional (SWF)
Performance Measurement
Portfolio Performance Evaluation
Investment Manager Selection
Overview of the Global Investment Performance Standards
Derivatives and Risk Management
Options Strategies
Swaps, Forwards, and Futures Strategies
Currency Management: An Introduction
Ethical and Professional Standards
Code of Ethics and Standards of Professional Conduct
Guidance for Standard I: Professionalism
Guidance for Standard II: Integrity of Capital Markets
Guidance for Standard III: Duties to Clients
Guidance for Standard IV: Duties to Employers
Guidance for Standard V: Investment Analysis, Recommendations, and Actions
Guidance for Standard VI: Conflicts of Interest
Guidance for Standard VII: Responsibilities as a CFA Institute Member or CFA Candidate
Application of the Code and Standards: Level III
Asset Manager Code of Professional Conduct
Pathway: Portfolio Management
Index-Based Equity Strategies
Active Equity Investing: Strategies
Active Equity Investing: Portfolio Construction
Liability-Driven and Index-Based Strategies
Yield Curve Strategies
Fixed-Income Active Management: Credit Strategies
Trade Strategy and Execution
Case Study in Portfolio Management: Institutional (Endowment)
Pathway: Private Wealth
The Private Wealth Management Industry
Working With the Wealthy
Wealth Planning
Investment Planning
Preserving the Wealth
Advising the Wealthy
Transferring the Wealth
Pathway: Private Markets
Private Investments and Structures
General Partner and Investor Perspectives and the Investment Process
Private Equity
Private Debt
Private Special Situations
Private Real Estate Investments
Infrastructure
Done reading? Test yourself with AI practice questions
Practise This Topic Now