- CFA Exams
Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Learning Outcome Statements
|2015 Level II > Study Session 18. Portfolio Management: Capital Market Theory and the Portfolio Management Process. > Reading 54. Residual Risk and Return: The Information Ratio|
|1. The definition of alpha|
|2. Information ratio|
|3. The active manager's objective|
|4. The optimal level of residual risk|
|5. Value added: risk-adjusted residual return|