Product Overview
CAIA Associationhas developed two examinations thatare used to certify Chartered Alternative Investment Analysts. TheLevel I curriculum builds a foundation in both traditional and alternative investment markets--for example, the range of statistics that are used to define investment performance as well asthe many types of hedge fund strategies.The readings for the Level II examfocus on the same strategies, but change the context to one of risk management and portfolio optimization.Level II CAIA exam takershave to work through the following agenda:
- asset allocation & portfolio oversight
- style analysis
- risk management
- alternative asset securitization
- secondary market creation
- performance and style attribution
- indexation and benchmarking
