CAIA Level I (PDF)

Not to be used after March, 2012 Exams - CAIA Level I, 2ndEdition should be used to prepare for September 2012 Exam.

The official study text for the Level I Chartered AlternativeInvestment Analyst (CAIA) exam

The Chartered Alternative Investment Analyst (CAIA) designationis the financial industry's first and only globally recognizedprogram that prepares professionals to deal with the ever-growingfield of alternative investments. The CAIA Level I: AnIntroduction to Core Topics in Alternative Investments containsall material on alternative investments that a potential Level Icandidate would need to know as they prepare for the exam.

The information found here will help you build a solidfoundation in both traditional and alternative investmentmarkets-for example, the range of statistics that are used todefine investment performance as well as the many types of hedgefund strategies. It will also inform CAIA candidates on how toidentify and describe aspects of financial markets, developreasoning skills, and in some cases, make computations necessary tosolve business problems.
* Contains "need to know" material for Level I candidates and foralternative investment specialists
* Addresses all of the unique attributes associated with thealternative investments space
* Organized with a study guide outline and learning objectiveswith key terms, available for free atwww.caia.org/program/studyguides
* Focuses on alternative investments and quantitative techniquesused by investment professionals

This book is a must-have resource for anyone contemplatingtaking the CAIA Level I exam.