The Portfolio Manager Clause Samples

The "Portfolio Manager" clause defines the role, responsibilities, and authority of the individual or entity appointed to manage a portfolio of assets on behalf of another party. Typically, this clause outlines the scope of the manager's duties, such as making investment decisions, executing transactions, and reporting on portfolio performance. It may also specify any limitations on the manager's authority, required qualifications, or standards of care. The core function of this clause is to clearly allocate management responsibilities and set expectations, thereby reducing ambiguity and potential disputes regarding the handling of the portfolio.