Study Manuals

LE Paper 12 eStudy Manual (Version 3.4)


To assist candidates to prepare for the Licensing Examination for Securities and Futures Intermediaries (LE) Paper 12 - Asset Management, the HKSI Institute has launched the eStudy Manual. With effect from 1 December 2020 to 31 March 2022, examination questions of the LEs will be based on this manual.

1. Users can download this eStudy Manual via the “Upcoming Activity” > "CPT/Non-CPT Activity" page of the Online Portal within 30 days after purchase. After 30 days, you are required to order again if you want to access the same eStudy Manual.
2. Purchased eStudy Manual(s) cannot be returned, refunded or exchanged once an order made and paid the fee successfully. If you experience difficulties downloading your purchased eStudy Manual(s), please call our Hotline on (852) 3120 6100 or email to [email protected].
3. This eStudy Manual will be available for free download via the “Upcoming Activity” > "Examination" page of the Online Portal if you have enrolled the LE Paper 12 Examination.
4. Amendments and updates of the eStudy Manuals are made periodically or when deemed necessary to reflect changes in applicable laws, rules, regulations, codes and market practices in Hong Kong. Individual have to pay attention to the version or edition of the eStudy Manuals with their corresponding examinations.

Content Highlight

Topic 1: Overview of the asset management industry
Topic 2: Client objectives and the products available
Topic 3: Basic theoretical aspects of portfolio management
Topic 4: The investment management process

Who Should Attend

Any interested person or those who would like to study before enrolling for the examination.

Administrative Details

Trad. Chi / Cantonese,English
All Member: HKD100
Non-Member: HKD300
Staff of Corporate Member: HKD100