Separately Managed Account definition

Separately Managed Account means an Investment Fund created specifically to facilitate management of the Fund's assets by a Subadviser.

Separately Managed Account means (1) any managed account with a Portfolio Manager or (2) any Investment Fund of or in which the Fund and a Portfolio Manager are the only members, partners or other interest holders, that, in the case of both (1) and (2) above, is established specifically by the Fund or that Portfolio Manager to facilitate the separate management of a portion of the Fund's assets directly by that Portfolio Manager.

Separately Managed Account means, as of the Closing Date, Reliance Standard Life Insurance Company, Illinois corporation, Safety National Casualty Corporation, a Missouri corporation, Philadelphia Indemnity Insurance Company, a Pennsylvania corporation, and NAV LLC, a New York limited liability company, and thereafter shall include each other third-party account that is managed or administered by the Borrower or any Affiliate of the Borrower.

Examples of Separately Managed Account in a sentence

• Separately Managed Account ClientsYes No(1) Do you have regulatory assets under management attributable to clients other than those listed in Item 5.D.(3)(d)-(f) (separately managed account clients)?If yes, complete Section 5.K.(1) of Schedule D.

• If you are an Access Person in the Investment Operations Department or Separately Managed Account Operations Department, you may not purchase or sell any Security from the day of any communication or notice (verbal or written) of a pending program trade until the 2nd business day after execution of that pending program trade by all participating separately managed accounts.

• Investment Operations Department and Separately Managed Account Operations Department.

• Prohibited Transactions: Investment Operations Department or Separately Managed Account Operations Department.

• Your Separately Managed Account must maintain a minimum value of $500,000.

More Definitions of Separately Managed Account

Separately Managed Account means an account established in the name of and for the exclusive benefit of any person that is not a Fund pursuant to which such person receives investment advisory services; provided, however, Separately Managed Account shall not include an account of a customer or client of a retail broker, retail financial advisor, private wealth advisor or other retail sales person (“Retail Sales Person”) for which (1) a Retail Salesperson acts as portfolio manager, or (2) a Xxxxxxx Xxxxx affiliated bank or trust company acts as trustee or investment advisor but qualifies for exclusion from acting as an Asset Manager pursuant to the first proviso to the definition thereof or supervises asset management services by the Retail Sales Person or an unaffiliated third party manager.

Separately Managed Account means: an investment portfolio, managed separately from the other assets held by the insurance undertaking and where the benefits of contracts linked to it are increased on the basis of its return;

Separately Managed Account or “SMA” refers to an Advisory Account Program where Adviser, Subadviser or a Manager manages your Advisory Account with full discretionary authority in accordance with the investment discipline you have selected, and Adviser, through itself and/or one of its affiliates, provides additional advisory services to you.

Separately Managed Account means a specifically identified portion of overall assets of a client of Advisor managed by Advisor.

Separately Managed Account means any Account other than a Pooled Fund, and includes single-employer plans.’’ Baird now believes that the language ‘‘and includes single-employer Plans’’ should be stricken from the definition of ‘‘Separately Managed Account’’ because any ERISA plan could be a separately managed account, including multiple and multi-employer plans. The Department concurs and Section IV(j) of the final exemption has been modified accordingly.

Separately Managed Account or “Account” means an investment portfolio that is managed by OST that is separate and distinct from all other investment portfolios managed by OST.

Separately Managed Account means Separately Managed Account” means, with respect to any Purchaser or Holder, any managed account that is administered, advised or managed on an exclusive discretionary basis by such Purchaser or Holder or any Affiliate of such Purchaser or Holder.