Maryland Investment Management Agreement between Fund, Asia Management and NICAM

• Category: Corporations - Public - Investment Companies and Real Estate Investment Trusts (REIT)
• State: Multi-State
• Control #: US-CC-11-121
• Format: Word; Rich Text

Description

This is an Investment Management Agreement, to be used across the United States. An Investment Management Agreement increases the fee to be paid by a mutual fund, to the investment manager. Maryland Investment Management Agreement is a legally binding document that establishes a professional relationship between a Fund, Asia Management, and CICAM. This agreement outlines the terms and conditions under which the Fund entrusts its investments to Asia Management, which acts as the investment manager, while CICAM serves as the custodian and administrator of the assets. Under the Maryland Investment Management Agreement, Asia Management takes on the responsibility of managing and making investment decisions for the Fund's assets. This includes selecting suitable investment opportunities, conducting thorough research and analysis, executing trades, and monitoring the performance of the portfolio. Asia Management must adhere to the Fund's investment objectives, risk tolerance, and any guidelines or restrictions defined in the agreement. CICAM, on the other hand, assumes the role of the custodian and administrator of the Fund's assets. This entails physically safeguarding the assets, maintaining accurate records, handling settlements and cash transfers, and ensuring compliance with regulatory requirements. CICAM works closely with Asia Management to ensure efficient and secure management of the Fund's assets. There may be different types of Maryland Investment Management Agreements between Fund, Asia Management, and CICAM, depending on the specific requirements and preferences of the parties involved. These types could include: 1. Discretionary Investment Management Agreement: This type of agreement grants Asia Management full authority to make investment decisions without obtaining prior approval from the Fund. Asia Management has the flexibility to exercise its professional judgment while adhering to the Fund's objectives. 2. Non-discretionary Investment Management Agreement: In this type of agreement, Asia Management provides investment advice to the Fund, but the ultimate decision-making authority remains with the Fund. Asia Management will propose investment strategies and recommendations, and the Fund will decide on the actions to be taken. 3. Limited Power of Attorney Agreement: This agreement grants Asia Management limited powers to act on behalf of the Fund in executing investment decisions. The Fund retains overall control and must provide explicit instructions for Asia Management to act upon. These are some common types of Maryland Investment Management Agreements between Fund, Asia Management, and CICAM. However, the specific terms, conditions, and variations of the agreement may vary based on the unique needs and preferences of the parties involved. It is crucial for all parties to draft a comprehensive and mutually beneficial agreement that aligns with their respective goals and responsibilities.

Maryland Investment Management Agreement is a legally binding document that establishes a professional relationship between a Fund, Asia Management, and CICAM. This agreement outlines the terms and conditions under which the Fund entrusts its investments to Asia Management, which acts as the investment manager, while CICAM serves as the custodian and administrator of the assets. Under the Maryland Investment Management Agreement, Asia Management takes on the responsibility of managing and making investment decisions for the Fund's assets. This includes selecting suitable investment opportunities, conducting thorough research and analysis, executing trades, and monitoring the performance of the portfolio. Asia Management must adhere to the Fund's investment objectives, risk tolerance, and any guidelines or restrictions defined in the agreement. CICAM, on the other hand, assumes the role of the custodian and administrator of the Fund's assets. This entails physically safeguarding the assets, maintaining accurate records, handling settlements and cash transfers, and ensuring compliance with regulatory requirements. CICAM works closely with Asia Management to ensure efficient and secure management of the Fund's assets. There may be different types of Maryland Investment Management Agreements between Fund, Asia Management, and CICAM, depending on the specific requirements and preferences of the parties involved. These types could include: 1. Discretionary Investment Management Agreement: This type of agreement grants Asia Management full authority to make investment decisions without obtaining prior approval from the Fund. Asia Management has the flexibility to exercise its professional judgment while adhering to the Fund's objectives. 2. Non-discretionary Investment Management Agreement: In this type of agreement, Asia Management provides investment advice to the Fund, but the ultimate decision-making authority remains with the Fund. Asia Management will propose investment strategies and recommendations, and the Fund will decide on the actions to be taken. 3. Limited Power of Attorney Agreement: This agreement grants Asia Management limited powers to act on behalf of the Fund in executing investment decisions. The Fund retains overall control and must provide explicit instructions for Asia Management to act upon. These are some common types of Maryland Investment Management Agreements between Fund, Asia Management, and CICAM. However, the specific terms, conditions, and variations of the agreement may vary based on the unique needs and preferences of the parties involved. It is crucial for all parties to draft a comprehensive and mutually beneficial agreement that aligns with their respective goals and responsibilities.