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An [[investment manager]], [[asset manager]], manager, or (with some arcane distinctions, [[investment adviser]] are all more or less the same thing: clever folk playing with other | An [[investment manager]], [[asset manager]], manager, or (with some arcane distinctions, [[investment adviser]] are all more or less the same thing: clever folk playing with other people’s money. They're {{tag|agent}}s, and they may argue about [[unallocated trades]]. | ||
For the purposes of the {{tag|COBS}} rules, it is defined in the {{tag|FCA}}’s Handbook | |||
{{google2|Investment|manager}} | |||
===See also=== | |||
*[[Investment Advisers Act of 1940|Investment Advisers Act]] | |||
*[[Hedge fund]] | |||
{{anat|cobs}} |
Revision as of 15:58, 2 November 2016
An investment manager, asset manager, manager, or (with some arcane distinctions, investment adviser are all more or less the same thing: clever folk playing with other people’s money. They're agents, and they may argue about unallocated trades.
For the purposes of the COBS rules, it is defined in the FCA’s Handbook
See also
The JC’s Reg and Leg resource™
UK Edition {{{2}}}
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