Managed Account definition

Managed Account means an account of a client for which a person or company makes the investment decisions if that person or company has discretion to trade in securities for the account without requiring the client’s express consent to a transaction;

Managed Account means an account where an Access Person has no:

Managed Account means an account where a Covered Person has no knowledge of the transaction before it is completed (for example, transactions effected for a Covered Person by a trustee of a blind trust, or discretionary trades made by an investment manager retained by the Covered Person, in connection with which the Covered Person is neither consulted nor advised of the trade before it is executed).

Examples of Managed Account in a sentence

• For an account to be classified as a Managed Account, the account owner must have no direct or indirect influence or control over the securities in the account.

• You must also immediately consult with the Nuveen Ethics Office to discuss whether the account in question can properly remain classified as a Managed Account.

• Approval is required even if the investment is made in a Managed Account.

• Using the appropriate form (available from the Nuveen Ethics Office), provide representations that support the classification of the account as a Managed Account.

• This means that in every decision relating to investments, every Employee must recognize the needs and interests of the Fund shareholders and the Managed Account Clients, and be certain that at all times the interests of the Fund shareholders and other Managed Account Clients are placed ahead of any personal interest.

More Definitions of Managed Account

Managed Account means those Clients’ accounts, individually and collectively, for which the Portfolio Manager makes buy and sell decisions.

Managed Account means an account over which the Beneficial Owner has no discretion or direct control over the trading activity in the account.

Managed Account means an investment portfolio account of a client established in writing with a portfolio adviser who makes investment decisions for the account and has full discretion to trade in securities of the account without requiring the client's express consent to a transaction;

Managed Account means an account of a derivatives party for which another person or company makes the trading decisions if the other person or company has discretion to transact derivatives for the account without requiring the derivatives party’s express consent to the transaction;

Managed Account means an account where a Covered Person has no:

Managed Account means an investment account in which the Access Person has no discretion over the specific securities purchased or sold within the investment account.

Managed Account means any account for which a Firm acts as an investment adviser or sub-adviser.