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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 | {{anat|cobs|}}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]]. The big ones will also enjoy lording it over supine [[broker/dealer]]s who, for all their bravura, will meekly surrender almost any credit protections in the face of a hot dispute from a big real money guy. | ||
“Events of Default? Why, no, sir, we don’t need those!” | |||
{{google2|Investment|manager}} | |||
===See also=== | |||
*[[Investment Advisers Act of 1940|Investment Advisers Act]] | |||
*[[Hedge fund]] | |||
Latest revision as of 16:51, 4 March 2019
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The JC’s Reg and Leg resource™
UK Edition
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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 people’s money. They’re agents, and they may argue about unallocated trades. The big ones will also enjoy lording it over supine broker/dealers who, for all their bravura, will meekly surrender almost any credit protections in the face of a hot dispute from a big real money guy.
“Events of Default? Why, no, sir, we don’t need those!”