Portfolio management definitions govern client mandates, manager categories, related-party links, control, net worth, and specialised investment routes. Portfolio management definitions establish the scope of regulated portfolio management, client arrangements, investment mandates, and connected persons. A ... Summary
Portfolio management definitions govern client mandates, manager categories, related-party links, control, net worth, and specialised investment routes.
Portfolio management definitions establish the scope of regulated portfolio management, client arrangements, investment mandates, and connected persons. A portfolio manager is a body corporate that, under a client contract, advises, directs, undertakes, manages, or administers portfolios comprising securities, goods, or client funds. Discretionary management permits complete investment discretion, while non-discretionary management follows client directions. Governance concepts cover associates, related parties, change in control, principal officers, inspecting authorities, certificates, and net worth.
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