The Harris Texas Sub-Advisory Agreement is a contractual agreement between Harris Texas and Berger and Berman Management, Inc. In this agreement, Berger and Berman Management has been appointed as a sub-advisor by Harris Texas to manage investment assets on behalf of clients based in Texas. Under this agreement, Berger and Berman Management, Inc. will provide advisory services to Harris Texas and its clients in accordance with the agreed investment objectives, guidelines, and restrictions. The sub-advisor will adhere to the investment policies set by Harris Texas and will act in a fiduciary capacity, always prioritizing the best interests of the clients. The Harris Texas Sub-Advisory Agreement outlines the scope of services to be provided by Berger and Berman Management, Inc., including portfolio management, research, and investment advice. It also specifies the fees, compensation structure, and duration of the agreement. This agreement may differ based on the specific type of sub-advisory services that Berger and Berman Management, Inc. is providing to Harris Texas. Some variations of the Harris Texas Sub-Advisory Agreement may include: 1. Investment Management Sub-Advisory Agreement: This type of agreement focuses on the overall management of investment portfolios on behalf of Harris Texas and its clients. Berger and Berman Management, Inc. will have the authority to make investment decisions and execute trades based on the agreed investment strategy. 2. Research Sub-Advisory Agreement: This agreement may solely involve the provision of research services by Berger and Berman Management, Inc. to Harris Texas. The sub-advisor will conduct thorough research and analysis on investment opportunities, providing insights and recommendations to assist in the decision-making process. 3. Consultancy Sub-Advisory Agreement: In this type of agreement, Berger and Berman Management, Inc. may offer consulting services to Harris Texas. They might provide expert advice on investment strategies, risk management, compliance, or other areas of investment management. It's important to note that the specific terms and conditions of the Harris Texas Sub-Advisory Agreement may vary, and it is essential for both parties to carefully review and understand the agreement before proceeding with the assigned responsibilities.
Harris Texas Sub-Advisory Agreement of Neuberger and Berman Management, Inc.
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