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Asset Management Agreement
"I need an Asset Management Agreement under Irish law for a high-net-worth retail client who wants to invest primarily in European sustainable energy companies, with specific ESG reporting requirements and quarterly performance reviews starting from March 2025."
1. Parties: Identification of the asset manager and the client, including regulatory status and contact details
2. Background: Context of the agreement and brief description of the services to be provided
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Appointment and Authority: Formal appointment of the asset manager and scope of discretionary authority
5. Services: Detailed description of asset management services to be provided
6. Investment Objectives and Restrictions: Client's investment objectives, strategy, and any investment restrictions
7. Fees and Expenses: Management fees, performance fees, expenses, and payment terms
8. Client's Representations and Warranties: Client's confirmations regarding their status, authority, and understanding of risks
9. Manager's Representations and Warranties: Manager's confirmations regarding regulatory status, expertise, and authority
10. Reporting and Valuations: Requirements for periodic reporting, performance measurement, and valuation methods
11. Custody Arrangements: Arrangements for safe custody of client assets
12. Conflicts of Interest: Disclosure and management of potential conflicts of interest
13. Liability and Indemnification: Extent of manager's liability and mutual indemnification provisions
14. Termination: Grounds for termination and post-termination procedures
15. Confidentiality: Protection and handling of confidential information
16. Data Protection: GDPR compliance and data processing terms
17. Anti-Money Laundering: AML/KYC requirements and ongoing monitoring
18. Notices: Methods and addresses for formal communications
19. Governing Law and Jurisdiction: Irish law as governing law and jurisdiction for disputes
20. General Provisions: Standard boilerplate clauses including assignment, amendments, and severability
1. Sub-Manager Appointment: Terms for appointment and oversight of sub-managers, used when delegation of management is contemplated
2. Foreign Investment Provisions: Additional terms for international investments, used when portfolio includes non-Irish assets
3. Soft Commission Arrangements: Terms governing soft commission arrangements, used for institutional clients where relevant
4. Performance Fee Methodology: Detailed performance fee calculations, used when performance-based fees are charged
5. Additional Services: Terms for additional services beyond pure asset management, such as advisory or reporting services
6. Electronic Services: Terms for online access and electronic service delivery, used when providing digital platforms
7. Force Majeure: Provisions for extraordinary events, used particularly for long-term or complex mandates
8. ESG Investment Criteria: Environmental, Social and Governance investment criteria, used when ESG investing is part of the mandate
1. Investment Guidelines: Detailed investment objectives, strategy, and restrictions
2. Fee Schedule: Detailed breakdown of all fees, charges, and calculation methodologies
3. Authorized Persons: List of persons authorized to give instructions on behalf of the client
4. Reporting Requirements: Detailed reporting specifications including frequency, content, and format
5. Risk Disclosures: Comprehensive risk warnings and disclosures
6. Service Level Agreement: Detailed service standards and performance metrics
7. Data Processing Agreement: Detailed GDPR-compliant data processing terms
8. Custody Agreement: Terms of custody arrangements if provided by a third party
Authors
Financial Services
Investment Management
Banking
Insurance
Wealth Management
Private Equity
Real Estate Investment
Pension Fund Management
Corporate Treasury
Fund Administration
Alternative Investments
Asset Management
Legal
Compliance
Investment Management
Risk Management
Client Relations
Operations
Finance
Due Diligence
Portfolio Management
Product Development
Investment Advisory
Wealth Management
Chief Investment Officer
Portfolio Manager
Investment Director
Compliance Officer
Legal Counsel
Risk Manager
Client Relationship Manager
Fund Manager
Investment Advisor
Operations Manager
Due Diligence Officer
Financial Controller
Head of Asset Management
Senior Investment Analyst
Wealth Manager
Director of Operations
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