Manager: Difference between revisions

182 bytes added ,  4 March 2019
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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 {{tag|agent}}s, and they may argue about [[unallocated trades]].
{{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.  


For the purposes of the {{tag|COBS}} rules, it is defined in the {{tag|FCA}}’s Handbook
“Events of Default? Why, no, sir, we don’t need those!”


{{google2|Investment|manager}}
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*[[Investment Advisers Act of 1940|Investment Advisers Act]]
*[[Investment Advisers Act of 1940|Investment Advisers Act]]
*[[Hedge fund]]
*[[Hedge fund]]
{{anat|cobs}}