Common use of Appointment of Investment Manager Clause in Contracts

Appointment of Investment Manager. 1.1 Subject to the terms and conditions hereof, the Investor appoints the Investment Manager to ensure the Portfolio meets with current legislative requirements under the Pensions Act. Any further assets allocated during the period of this Agreement, any assets arising from the management of the assets referred to above, any income arising on the assets, less any assets withdrawn from the Portfolio will be dealt with the promoter. The Investment Manager hereby agrees to “administer” and invest the Portfolio as directed by the Investor in conjunction with their authorised professional advisor.

Appointment of Investment Manager. 1.1 Subject to the terms and conditions hereof, the Investor appoints the Investment Manager to ensure the Portfolio meets with current legislative requirements under the Pensions Act. Any further assets allocated during the period of this Agreement, any assets arising from the management of the assets referred to above, any income arising on the assets, less any assets withdrawn from the Portfolio will be dealt with the promoter. The Investment Manager hereby xxxxxx agrees to “administer” and invest the Portfolio as directed by the Investor in conjunction with their authorised professional advisor.