New York 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. The New York Investment Management Agreement between Fund, Asia Management, and CICAM is a legal document that outlines the terms and conditions of the investment management relationship. It establishes the roles and responsibilities of each party involved and ensures transparency and clarity in the investment management process. Key elements of the agreement include the objectives and investment strategies of the Fund, the scope of authority granted to Asia Management as the investment manager, and the obligations and fees associated with CICAM as the custodian of the Fund's assets. The agreement typically covers areas such as the investment objectives, benchmarks, and performance targets set by the Fund's management, as well as the reporting and review procedures to enable effective monitoring and evaluation of the investment performance. In addition, the New York Investment Management Agreement may contain provisions regarding risk management, compliance with legal and regulatory requirements, and the handling of confidential information. The agreement also addresses the termination or amendment of the relationship between the Fund, Asia Management, and CICAM, including any notice periods or procedures required. Different types of New York Investment Management Agreements between Fund, Asia Management, and CICAM may include: 1. Discretionary Investment Management Agreement: In this type of agreement, Asia Management has the authority to make investment decisions on behalf of the Fund without obtaining prior consent. The agreement may provide guidelines and restrictions for the investment manager to operate within. 2. Non-Discretionary Investment Management Agreement: Unlike the discretionary agreement, the non-discretionary agreement requires Asia Management to obtain consent from the Fund for all investment decisions. The Fund retains ultimate decision-making authority and may provide specific instructions or guidelines to the investment manager. 3. Limited Power of Attorney Agreement: This agreement grants a limited power of attorney to Asia Management, enabling them to execute investment actions on behalf of the Fund. The power of attorney is usually limited to specific investment activities or transactions. In summary, the New York Investment Management Agreement between Fund, Asia Management, and CICAM establishes a legal framework for the relationship and activities involved in managing the Fund's investments. It ensures clear communication, accountability, and legal protection for all parties involved, promoting a mutually beneficial investment management relationship.

The New York Investment Management Agreement between Fund, Asia Management, and CICAM is a legal document that outlines the terms and conditions of the investment management relationship. It establishes the roles and responsibilities of each party involved and ensures transparency and clarity in the investment management process. Key elements of the agreement include the objectives and investment strategies of the Fund, the scope of authority granted to Asia Management as the investment manager, and the obligations and fees associated with CICAM as the custodian of the Fund's assets. The agreement typically covers areas such as the investment objectives, benchmarks, and performance targets set by the Fund's management, as well as the reporting and review procedures to enable effective monitoring and evaluation of the investment performance. In addition, the New York Investment Management Agreement may contain provisions regarding risk management, compliance with legal and regulatory requirements, and the handling of confidential information. The agreement also addresses the termination or amendment of the relationship between the Fund, Asia Management, and CICAM, including any notice periods or procedures required. Different types of New York Investment Management Agreements between Fund, Asia Management, and CICAM may include: 1. Discretionary Investment Management Agreement: In this type of agreement, Asia Management has the authority to make investment decisions on behalf of the Fund without obtaining prior consent. The agreement may provide guidelines and restrictions for the investment manager to operate within. 2. Non-Discretionary Investment Management Agreement: Unlike the discretionary agreement, the non-discretionary agreement requires Asia Management to obtain consent from the Fund for all investment decisions. The Fund retains ultimate decision-making authority and may provide specific instructions or guidelines to the investment manager. 3. Limited Power of Attorney Agreement: This agreement grants a limited power of attorney to Asia Management, enabling them to execute investment actions on behalf of the Fund. The power of attorney is usually limited to specific investment activities or transactions. In summary, the New York Investment Management Agreement between Fund, Asia Management, and CICAM establishes a legal framework for the relationship and activities involved in managing the Fund's investments. It ensures clear communication, accountability, and legal protection for all parties involved, promoting a mutually beneficial investment management relationship.