Success in the rapidly evolving area of alternative investments (AI)
depends on a firm understanding of the concepts, tools, and practices
associated with it, as well as an unwavering dedication to
professionalism. Today, there is a program in place that addresses these
essential needs.
Sponsored by the Chartered Alternative Investment Analyst (CAIA)
Association®, the CAIA Charter is the only educational standard
uniquely designed for individuals specializing in institutional quality
alternative investments. Covering hedge funds, managed futures, real
assets, private equity, commodities, structured products, risk
management and portfolio management, and professional standards and
ethics, the CAIA Charter demonstrates one's commitment to
professionalism and command of AI's unique fundamentals, setting you and
your firm apart from the competition.
The CAIA program is comprised of a two-tier exam process (Level I and
Level II) through which you may earn the CAIA Charter. The Level I exam
assesses your understanding of various alternative classes and your
knowledge of the tools and techniques used to evaluate the risk-return
attributes of each one. The Level II exam assesses how you would apply
the knowledge and analytics learned in Level I within a portfolio
management context. Both levels incorporate segments on ethics and
professional conduct, which are essential components of the CAIA program.
Written under the direction of the CAIA Association, with insights from
many practicing and eminent professionals in this field, CAIA Level
II: Advanced Core Topics in Alternative Investments, Second Edition
contains virtually all the material on alternative investments a
potential Level II candidate would need to know as they prepare for the
exam—a multifaceted assembly of questions and problem-solving tasks.
Since the tools and terms introduced in Level I provide the basis for
the second level of this program, the information found here will
continue to focus on the issues associated with the alternative
investment arena, but in greater depth and in the context of risk
management and asset allocation.
This comprehensive resource:
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Discusses advanced topics in alternative investments— from real assets
to trend-following strategies and fund management techniques
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Focuses on the analysis and application of essential strategies
involved in each alternative asset class
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Addresses the unique attributes associated with the alternative
investment space
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Is supplemented by a study guide outlining learning objectives and key
words, available at www.caia.org/caia-program/curriculum
Since its inception in 2002, the CAIA program's diverse curriculum has
benefited a wide array of individuals, from institutional investors,
investment advisers, AI fund managers, and administrators to
accountants, lawyers, and academics.
So if you're serious about receiving the CAIA Charter, take the time to
understand the insights offered here.
Take your first steps toward attaining the CAIA Charter by picking up CAIA
Level I: An Introduction to Core Topics in Alternative Investments,
Second Edition.
