Non-Discretionary Portfolio Management Services definition
Non-Discretionary Portfolio Management Services means a portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing, for an agreed fee structure and for a definite described period, invests in respect of the Client’s account in any type of security entirely at the Client’s risk and ensure that all benefits accrue to the Client’s Portfolio.
Non-Discretionary Portfolio Management Services means the portfolio management services rendered to the client, by the Portfolio Manager on the terms and conditions contained in the Agreement with respect to the Assets (including the Portfolio and Funds) of the Client, where the Portfolio Manager shall provide advice in relation to assets but does not exercise any discretion with respect to investments or management of the Assets of the Client, and invests and manage the Assets only after seeking and taking approval from the Client, entirely at the Client’s risk.
Non-Discretionary Portfolio Management Services means a portfolio management services where a Portfolio Manager acts on the instructions received from the Client with regard to investment of funds of the Client under a contract relating to portfolio management and will exercise no discretion as to the investment or management of the portfolio of securities or the funds of the client, as the case may be.
Examples of Non-Discretionary Portfolio Management Services in a sentence
Non-Discretionary Portfolio Management Services shall mean management of Client’s funds and purchase and sale of Securities according to the directions of the Client.
More Definitions of Non-Discretionary Portfolio Management Services
Non-Discretionary Portfolio Management Services means service wherein Portfolio Manager shall manage the Assets in accordance with the directions of the Client under oral or written consents/ instructions.
Non-Discretionary Portfolio Management Services means a portfolio management
Non-Discretionary Portfolio Management Services means the non-discretionary portfolio management services to be rendered to a Client by the Portfolio Manager on the terms and conditions pursuant to the Agreement, where under the Portfolio Manager invests and manages the Funds of the Client based on the instructions of the Client.
Non-Discretionary Portfolio Management Services or “Non-Discretionary PMS” means portfolio management services under which the Portfolio Manager, subject to express prior instructions issued by the Client from time to time in writing or on recorded line or by e-mail, invests in respect of the Client’s account entirely at the Client’s risk.
Non-Discretionary Portfolio Management Services means the portfolio management services rendered to the Client by the Portfolio Manager on the terms and conditions contained in an Agreement, where the Portfolio Manager invests in a Portfolio of Securities for and on behalf of the Client with the consent of the Client.
Non-Discretionary Portfolio Management Services means portfolio management services provided by the Portfolio Manager by providing the investment and divestment advice to the Client to help the Client make investment decisions in relation to the investment products / strategy in which the Client proposes to invest.
Non-Discretionary Portfolio Management Services means the portfolio management services rendered to the client, by the Portfolio Manager on the terms and conditions contained in the Agreement, where under, the Portfolio Manager discretion in investments or management of assets of the Client. And the discretion is left to the client.