Portfolio manager definitions clarify scope of advisory and discretionary management under SEBI portfolio management regulations. The regulations define a portfolio manager as a body corporate that, under contract, advises, directs or manages a client's portfolio of securities, goods or funds, including acting as a discretionary portfolio manager with any degree of discretion over investments. The principal officer is designated as the employee responsible for the portfolio manager's investment decisions and operations. Related operational categories and participant classes such as accredited investors, Co-investment Portfolio Manager, investee company, Sponsor, and securities lending are also defined or cross-referenced.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Portfolio manager definitions clarify scope of advisory and discretionary management under SEBI portfolio management regulations.
The regulations define a portfolio manager as a body corporate that, under contract, advises, directs or manages a client's portfolio of securities, goods or funds, including acting as a discretionary portfolio manager with any degree of discretion over investments. The principal officer is designated as the employee responsible for the portfolio manager's investment decisions and operations. Related operational categories and participant classes such as accredited investors, Co-investment Portfolio Manager, investee company, Sponsor, and securities lending are also defined or cross-referenced.
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