Discretionary Fund Manager definition

Discretionary Fund Manager means a business or individual authorised and regulated by the Financial Conduct Authority and who has entered into an agreement with us to enable them to provide Model Portfolios on the Platform;
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Discretionary Fund Manager means an entity, regulated by the Financial Conduct Authority to provide discretionary investment management, which We appoint (on Your selection) to manage the Assets on a discretionary basis. For further information refer to Part 2, Condition 2.8.4.
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Discretionary Fund Manager means a fund manager which manages investment accounts on a discretionary basis;
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Examples of Discretionary Fund Manager in a sentence

  • For example: Service costs: If your investments are held on a platform (an online investment administration service) or held with a Discretionary Fund Manager (DFM), like our sister firm Castlefield Investment Partners LLP, the platform provider / DFM will make a charge for administering / managing your investments.

  • An approach on the basis of his methodology would necessarily include a focus on the understanding of the hope and beliefs held in the population regarding the choices taken in the political process and a better understanding of the relevance of the effect of political ideas on political causalities.

  • When your Financial Adviser or Discretionary Fund Manager has placed an instruction on your behalf we accept no responsibility for any errors or omissions.

  • We treat the Instruction received from your Financial Adviser to purchase a Model Portfolio as an authorisation from you to allow the Discretionary Fund Manager to manage the Investments within the Model Portfolio until the Financial Adviser instructs us otherwise.

  • Discretionary Fund Manager means a discretionary fund manager authorised by the FCA and any successors to them nominated or appointed by the financial adviser to manage the financial adviser’s client portfolios online using model portfolios.

  • All investment decisions should be made after taking advice from your Financial Adviser, Discretionary Fund Manager or, where relevant in respect of Legacy Customers only, your Discretionary InvestmentManager.

  • Whereas maintaining a general overview of pension planning with existing pension funds invested by a Discretionary Fund Manager might have no regulatory implications until a review highlighted a need or affordability to invest further funds, or a transfer to a new pension provider was appropriate.Importantly, it may be possible for our fees to be settled via payment of adviser charge by investment provider, by applying a charge to an investment fund or product.

  • Investment advice is also available, either from us, or using the services of a Discretionary Fund Manager.

  • Please provide details of the Discretionary Fund Manager that you would like LCA to consider appointing to this Annuity.

  • Referrals to a Discretionary Fund Manager (DFM) As part of our service we may refer you to a Discretionary Fund Manager (DFM) to manage your investments.


More Definitions of Discretionary Fund Manager

Discretionary Fund Manager means a fund manager who under a contract relating to fund management, exercises or may exercise, any degree of discretion as to the investment of funds or management of the portfolio of securities of the client, as the case may be;
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Related to Discretionary Fund Manager

  • Independent Fund Trustee means a trustee of the Trust who is not an “interested person” as that term is defined in Section 2(a)(19) of the 1940 Act.

  • Permitted Fund Manager means any Person that on the date of determination is (i) one of the entities on Exhibit C attached hereto and made a part hereof or any other nationally-recognized manager of investment funds investing in debt or equity interests relating to commercial real estate, (ii) investing through a fund with committed capital of at least $250,000,000 and (iii) not subject to a proceeding relating to the bankruptcy, insolvency, reorganization or relief of debtors.

  • Fund Manager means the manager appointed for the day-to-day management and administration of the scheme.

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • discretionary use means the use of land or a building provided for in this Bylaw for which a development permit may be issued upon an application having been made;

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Plan Manager means Investec Bank plc which is authorised by the PRA and regulated by the FCA and the PRA and bound by its rules.

  • Discretionary Assets means (i) securities that, if distributed, would be required to be registered under the Securities Act of 1933, as amended; (ii) securities issued by entities in countries that (A) restrict or prohibit the holding of securities by non-nationals other than through qualified investment vehicles, or (B) permit transfers of ownership of securities to be effected only by transactions conducted on a local stock exchange; and (iii) any assets that, although they may be liquid and marketable, must be traded through the marketplace or with the counterparty to the transaction in order to effect a change in beneficial ownership."

  • Plan Fiduciary As defined in Section 5.3(o).

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Investment Committee means the committee in charge of investment aspects of the Plan, as described in Article VII.

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Pooled fund group means an internally created fund of a district in which one or more institutional accounts of a district are in- vested.

  • Buydown Fund Account A separate account or accounts created and maintained pursuant to Section 3.02 (a) with the corporate trust department of the Trustee or another financial institution approved by the Master Servicer, (b) within FDIC insured accounts (or other accounts with comparable insurance coverage acceptable to the Rating Agencies) created, maintained and monitored by a Servicer or (c) in a separate non-trust account without FDIC or other insurance in an Eligible Institution. Such account or accounts may be non-interest bearing or may bear interest. In the event that a Buydown Fund Account is established pursuant to clause (b) of the preceding sentence, amounts held in such Buydown Fund Account shall not exceed the level of deposit insurance coverage on such account; accordingly, more than one Buydown Fund Account may be established.

  • Fund Management means the persons responsible for the portfolio and/or risk management of the Fund.

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Deferred member means a person who elected to receive deferred vested retirement

  • Debt Fund Affiliate means any Affiliate of the Sponsor that is a bona fide diversified debt fund primarily engaged in, or advising funds or other investment vehicles that are engaged in making, purchasing or otherwise investing in commercial loans, bonds and similar extensions of credit in the ordinary course of business whose managers have fiduciary duties to the third-party investors in such fund or investment vehicle that are independent of their duties to the equity holders of Holdings.

  • Member contribution means a contribution under regulation 32;

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.