Managed Account definition

Managed Account means an account of a client for which a person or company makes the investment decisions if that person or company has discretion to trade in securities for the account without requiring the client’s express consent to a transaction;

Managed Account means an account where an Access Person has no:

Managed Account means an account where a Covered Person has no knowledge of the transaction before it is completed (for example, transactions effected for a Covered Person by a trustee of a blind trust, or discretionary trades made by an investment manager retained by the Covered Person, in connection with which the Covered Person is neither consulted nor advised of the trade before it is executed).

Examples of Managed Account in a sentence

• If any short selling transaction occurs as part of the Managed Account Service, the Client will deliver the relevant Securities in good time to enable settlement of the transfer of those Securities.

• The Client wishes to use the Managed Account Service for the management, administration and custody of the Client’s Investments.

• Insofar as the Custodian suffers Loss as a result of crediting the Client’s Managed Account in respect of any instrument, advanced payment, wire transfer or remittance of funds that does not then clear, the Custodian may debit the Client’s Managed Account accordingly.

• If this Schedule is terminated, the Assets relating to the Client will be dealt with in accordance with the Managed Account Contract.

• This Schedule will terminate automatically upon termination of the Managed Account Contract.

More Definitions of Managed Account

Managed Account means those Clients’ accounts, individually and collectively, for which the Portfolio Manager makes buy and sell decisions.

Managed Account means an account over which the Beneficial Owner has no discretion or direct control over the trading activity in the account.

Managed Account means an account where a Covered Person has no:

Managed Account means an account of a derivatives party for which a person or company makes the trading decisions if that person or company has discretion to transact derivatives for the account without requiring the derivatives party’s express consent to the transaction;

Managed Account means an investment portfolio account of a client established in writing with a portfolio adviser who makes investment decisions for the account and has full discretion to trade in securities of the account without requiring the client's express consent to a transaction;

Managed Account means an investment account in which the Access Person has no discretion over the specific securities purchased or sold within the investment account.

Managed Account means any account for which a Firm acts as an investment adviser or sub-adviser.