Overview of Equity Portfolio Management - CFA Level III Reading 14 (2025)

Learn essential concepts of equity portfolio management in this comprehensive CFA® Level III exam preparation video lecture covering roles of equities, investment universe segmentation, portfolio income and costs, shareholder engagement, and passive-active investment rationales. Master key topics including dividend income, capital appreciation, inflation hedging, policy statements, factor analysis, geographical segmentation, home bias, security lending, dividend capture strategies, various fee structures including management and performance fees, high water marks, administrative costs, and the importance of shareholder activism and voting rights. Explore practical aspects of portfolio management through detailed explanations of market segmentation advantages, custody arrangements, marketing distribution, and the spectrum of passive to active investment approaches, all aligned with the 2025 CFA® Level III curriculum requirements.