Proprietary Investments definition
Proprietary Investments. ▇▇▇▇▇▇ Group enters into transactions for the purpose of testing new investment strategies, instruments or markets. ▇▇▇▇▇▇ Group subsidiaries also invest their own money into newly launched ▇▇▇▇▇▇ titled funds, client funds or SPVs. ▇▇▇▇▇▇ might favour those accounts in which it has an interest over its other clients when executing trades, allocating positions, allocating fills, or allocating investment ideas. An Allocation Policy is in place that is intended to achieve the fair allocation of aggregated orders and limited resources The fair allocation of trades is subject to independent review by Compliance periodically. ▇▇▇▇▇▇’▇ Investment Board decides which research is implemented in which investment vehicles. ▇▇▇▇▇▇ is treated in the same manner as other investors in a ▇▇▇▇▇▇ titled fund or client fund. The tracking of accounts following the same investment strategy is subject to independent review by ▇▇▇▇▇▇’▇ Middle Office team. ▇▇▇▇▇▇’▇ Best Execution Policy governs how ▇▇▇▇▇▇ achieves best execution for its clients. Evidence to support best execution is subject to independent review by Compliance periodically.