PART01
주식투자운용및투자전략
Chapter01운용과정과주식투자2
SECTION01자산운용과정2
SECTION02자산운용조직6
SECTION03주식투자의중요성7
Chapter02자산배분전략의정의및준비사항12
SECTION01자산배분전략의정의12
SECTION02자산배분전략의중요성13
SECTION03자산배분전략의변화18
SECTION04자산배분전략의준비사항21
Chapter03전략적자산배분30
SECTION01정의30
SECTION02전략적자산배분실행과정31
SECTION03전략적자산배분의이론적배경34
SECTION04전략적자산배분의실행방법39
SECTION05전략적자산배분의사례41
Chapter04전술적자산배분44
SECTION01정의및운용과정44
SECTION02전술적자산배분의이론적배경46
SECTION03전술적자산배분의실행과정50
SECTION04전술적자산배분의실행도구52
SECTION05전술적자산배분의특성55
Chapter05보험자산배분57
SECTION01정의및운용과정57
SECTION02이론적배경과역사58
SECTION03옵션모형을이용한포트폴리오보험(OBPI)62
SECTION04고정비율포트폴리오보험(CPPI)전략71
SECTION05포트폴리오보험의특징78
Chapter06주식포트폴리오운용전략81
`SECTION01개관81
SECTION02패시브운용(PassiveManagement)83
SECTION03액티브운용(ActiveManagement)87
SECTION04준액티브(SemiActive)운용92
SECTION05수익위험구조변경을위한운용96
SECTION06혼합전략98
SECTION07대형기금의주식포트폴리오구성사례101
Chapter07주식포트폴리오구성의실제104
SECTION01주식포트폴리오구성과정104
SECTION02포트폴리오구성시고려사항110
SECTION03주식포트폴리오모형114
SECTION04국내주식펀드의운용118
[참고]ESG투자에대한이해123
실전예상문제132
PART02
채권투자운용및투자전략
Chapter01채권의개요와채권시장146
SECTION01채권의개요146
SECTION02채권의분류와종류149
SECTION03자산유동화증권161
SECTION04발행시장165
SECTION05유통시장171
Chapter02채권가격결정과채권수익률176
SECTION01채권가격결정176
SECTION02채권수익률182
SECTION03채권투자수익184
SECTION04채권가격변동성185
Chapter03듀레이션과볼록성188
SECTION01듀레이션(Duration)188
SECTION02볼록성(Convexity)199
SECTION03실효듀레이션과실효볼록성207
Chapter04금리체계209
SECTION01수익률곡선및선도이자율209
SECTION02기간구조이론217
SECTION03수익률의위험구조224
Chapter05채권운용전략231
SECTION01투자목표의설정231
SECTION02채권투자전략의수립232
SECTION03적극적채권운용전략233
SECTION04소극적채권운용전략243
SECTION05국채선물과채권운용전략254
실전예상문제256
PART03
파생상품투자운용및투자전략
Chapter01파생상품개요264
SECTION01파생상품의기본분류264
SECTION02파생상품투자전략267
Chapter02선도거래와선물거래의기본메커니즘272
SECTION01선도거래272
SECTION02선물거래282
SECTION03선도거래와선물거래293
Chapter03선물총론295
SECTION01선물거래의경제적기능295
SECTION02선물의균형가격301
SECTION03거래전략306
Chapter04옵션기초321
SECTION01옵션의정의321
SECTION02옵션의발행과매수(공급과수요)326
SECTION03만기일이전의옵션거래(전매도,환매수)334
Chapter05옵션을이용한합성전략339
SECTION01수평스프레드와수직스프레드339
SECTION02불스프레드(bullspread)340
SECTION03수평스프레드(horizontalspread)344
SECTION04스트래들(straddle)346
SECTION05스트랭글(strangle)347
Chapter06옵션프리미엄과풋-콜패리티349
SECTION01미국식콜옵션과유럽식콜옵션349
SECTION02옵션의프리미엄사이에성립하는기본관계식352
SECTION03풋－콜패리티와그응용354
Chapter07옵션가격결정364
SECTION01이항모형가격결정364
SECTION02블랙－숄즈공식369
SECTION03블랙－숄즈공식의변수설명372
SECTION04이항모형과위험중립확률375
SECTION05다기간이항모형376
SECTION06기초자산의변동성과변동성계수380
Chapter08옵션및옵션합성포지션의분석388
SECTION01옵션프리미엄의민감도지표388
SECTION02포지션가치의민감도분석398
실전예상문제406
PART04
투자운용결과분석
Chapter01서론414
SECTION01성과평가의정의414
SECTION02성과평가의목적과평가프로세스416
SECTION03성과평가의주제421
SECTION04내부성과평가와외부성과평가422
Chapter02성과평가기초사항424
SECTION01펀드의회계처리424
SECTION02투자수익률계산429
SECTION03투자위험438
Chapter03기준지표450
SECTION01기준지표의의의450
SECTION02기준지표의바람직한특성과종류451
SECTION03정상포트폴리오453
SECTION04동류집단수익률454
SECTION05주식의기준지표456
SECTION06채권지수와채권의기준지표460
Chapter04위험조정성과지표462
SECTION01위험조정성과지표의유형462
SECTION02젠센의알파464
SECTION03효용함수를이용한평가지표466
SECTION04샤프비율468
SECTION05트레이너비율471
SECTION06정보비율(InformationRatio)473
SECTION07하락위험을이용한평가지표477
Chapter05성과특성분석479
SECTION01성과요인분석의내용479
SECTION02기준지표를이용한성과분해480
SECTION03시장예측능력과종목선정능력481
SECTION04가상포트폴리오를이용한성과요인분석485
SECTION05채권의성과요인분석488
SECTION06자산운용권한별성과기여도분석492
SECTION07포트폴리오및스타일분석496
Chapter06성과발표방법503
SECTION01성과발표방법의의의503
SECTION02성과측정및표시방법504
SECTION03검증508
실전예상문제509
