Case Study in Portfolio Management: Institutional (SWF)
2025 Curriculum
CFA® Program Level III
Portfolio Management and Wealth Planning
Refresher reading access
Introduction
The focus of this reading is a fictional “case study.” The case itself will focus on the portfolio of a sovereign wealth fund (SWF) specifically looking at risk in terms of the SWF’s long-term investments. There are three Learning Outcome Statements (LOS) within the case. Prior to the case, we provide two LOS outside the case. These LOS will provide some background information that will be helpful to the candidate in understanding the case.
Learning Outcomes
The candidate should be able to:
- discuss financial risks associated with the portfolio strategy of an institutional investor
- discuss environmental and social risks associated with the portfolio strategy of an institutional investor
- analyze and evaluate the financial and non-financial risk exposures in the portfolio strategy of an institutional investor
- discuss various methods to manage the risks that arise on long-term
- direct investments of an institutional investor
- evaluate strengths and weaknesses of an enterprise risk management system and recommend improvements
1.75 PL Credit
If you are a CFA Institute member don’t forget to record Professional Learning (PL) credit from reading this article.