Portfolio manager conduct mandates honest client-focused service, conflict disclosure, market-integrity safeguards, and protection of confidential client information. Portfolio managers must act honestly, fairly and diligently in investors' interests, deploy client investment money promptly, and pay client dues without ... Summary
Portfolio manager conduct mandates honest client-focused service, conflict disclosure, market-integrity safeguards, and protection of confidential client information.
Portfolio managers must act honestly, fairly and diligently in investors' interests, deploy client investment money promptly, and pay client dues without delay. They must avoid or disclose conflicts of interest, give fair treatment to clients, preserve confidentiality, and not prioritise proprietary interests over client interests. Investors must receive true and adequate information and risk awareness without misleading claims. Market manipulation, improper disclosure or use of unpublished price-sensitive information, and undisclosed positional interests in public investment advice are prohibited.
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