Managed Account Guide

AIMA published its Managed Account Guide in December 2016. Investor interest in managed accounts has increased significantly since Madoff with investors citing their preference for greater control, transparency and flexibility as key drivers. The Guide explores both the potential benefits and disadvantages to managed accounts in greater detail. Among the topics it addresses are structuring, funding, costs, investment management agreements, investment considerations, counterparties, transparency, liquidity, fees and expenses, manager conflicts of interest and regulation.