Anson, Mark J. P.; Chambers, Donald R.; Black, Keith H.; Kazemi, Hossein

CAIA Level I : An Introduction to Core Topics in Alternative Investments, Print + eBook

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.Written under the direction of the CAIA Association, with insights from many practicing and eminent professionals in this field, CAIA Level I: An Introduction to Core Topics in Alternative Investments, Second Edition best reflects the most current practices in the AI arena. It contains the material on alternative investments that Level I candidates would need to know as they prepare for the exam. With coverage of everything from the characteristics of various strategies within each alternative asset class to portfolio management concepts central to alternative investments, the information found here will help you build a solid foundation of knowledge about AI markets.This comprehensive resource:Uses investment analytics to examine each alternative asset classExamines quantitative techniques used by investment professionalsAddresses the unique attributes associated with the alternative investment spaceIs supplemented by a study guide complete with learning objectives, sample questions, and keywords available at www.caia.org/caia-program/curriculumSince 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 ready to take your first step toward the CAIA Charter, take the time to understand the insights offered here.Don't forget to pick up CAIA Level II: Advanced Core Topics in Alternative Investments to prepare for the second, and final, exam needed to achieve the CAIA Charter.The CAIA Association is an independent, not-for-profit, global organization committed to education and professionalism in the field of alternative investments. It offers two exams (Level I and Level II) to financial professionals in this growing field. Upon successful completion, individuals are designated Chartered Alternative Investment Analyst (CAIA) Charter Holders. The CAIA Association has members from over seventy-five countries on six continents.