Review:
Investment Management Agreements
overall review score: 4.2
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score is between 0 and 5
Investment management agreements refer to contracts between investors and investment managers outlining the terms and conditions of managing the investment portfolio.
Key Features
- Legal contract
- Specifies investment objectives
- Defines roles and responsibilities
- Outlines fee structure
- Sets performance benchmarks
Pros
- Provides clear guidelines for both parties
- Helps align investor expectations with manager's strategy
- Protects interests of both investor and manager
Cons
- May be complex and lengthy
- Can lead to disputes if not carefully drafted