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Asset Management Agreement
I need an Asset Management Agreement under Danish law for a pension fund client with ESG investment restrictions, requiring quarterly reporting and specific provisions for currency hedging, to be effective from March 1, 2025.
1. Parties: Identification of the asset manager and the client, including registration details and contact information
2. Background: Context of the agreement and general purpose of the asset management relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Formal appointment of the asset manager and scope of discretionary authority
5. Investment Objectives and Strategy: Agreed investment objectives, strategy, and any restrictions
6. Services: Detailed description of services to be provided by the asset manager
7. Client Categorization: Classification of the client according to MiFID II requirements
8. Fees and Expenses: Management fees, performance fees, and other charges
9. Reporting and Valuations: Frequency and content of reports, valuation methods
10. Risk Disclosures: Mandatory risk warnings and disclosures
11. Conflicts of Interest: How potential conflicts will be identified and managed
12. Client Warranties and Undertakings: Client representations regarding their status and authority
13. Data Protection: GDPR compliance and data handling procedures
14. Anti-Money Laundering: AML obligations and requirements
15. Liability and Indemnification: Scope of liability and indemnification provisions
16. Term and Termination: Duration of agreement and termination provisions
17. Governing Law and Jurisdiction: Confirmation of Danish law and jurisdiction
1. Custody Arrangements: Required if the asset manager provides custody services or arranges third-party custody
2. ESG Investment Criteria: Include when client requires specific environmental, social, and governance investment criteria
3. Special Investment Restrictions: For clients with specific investment restrictions beyond standard parameters
4. Currency Hedging: Required for international portfolios with currency hedging requirements
5. Tax Reporting: Include for clients requiring specific tax reporting services
6. Power of Attorney: When separate PoA documentation is needed for certain jurisdictions or assets
7. Sub-delegation: Required if asset manager may delegate certain functions to third parties
1. Investment Guidelines: Detailed investment parameters, restrictions, and benchmarks
2. Fee Schedule: Detailed breakdown of all fees, charges, and calculation methods
3. Authorized Persons: List of persons authorized to give instructions on behalf of the client
4. Reporting Requirements: Detailed reporting formats, frequency, and content requirements
5. Risk Profile Questionnaire: Client's completed risk assessment and investment suitability documentation
6. Service Level Agreement: Detailed service standards and performance metrics
7. Data Processing Agreement: Detailed GDPR-compliant data processing terms
8. Custody Terms: Terms and conditions for custody services if applicable
Authors
Financial Services
Banking
Investment Management
Wealth Management
Insurance
Pension Funds
Family Offices
Private Banking
Corporate Treasury
Fund Management
Institutional Investment
Legal
Compliance
Risk Management
Portfolio Management
Client Relations
Operations
Investment Management
Wealth Management
Due Diligence
Product Development
Finance
Investment Administration
Asset Manager
Portfolio Manager
Investment Director
Compliance Officer
Legal Counsel
Risk Manager
Client Relationship Manager
Investment Advisor
Chief Investment Officer
Head of Portfolio Management
Wealth Manager
Trust Officer
Financial Controller
Operations Manager
Due Diligence Officer
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