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Asset Management Agreement Template for Ireland

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Key Requirements PROMPT example:

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."

Document background
The Asset Management Agreement is a fundamental document used in the Irish financial services sector to establish a professional relationship between asset managers and their clients. It is essential when a client delegates investment authority over their assets to a professional manager regulated by the Central Bank of Ireland. The agreement must comply with Irish financial services law, including MiFID II regulations, the Investment Intermediaries Act, and various consumer protection requirements. It details the scope of management services, investment strategies, risk parameters, fees, and reporting obligations. This document is particularly crucial as it defines the fiduciary responsibilities of the asset manager and provides clear parameters for investment decisions while ensuring regulatory compliance in the Irish market.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



















































Clauses






































Relevant Industries

Financial Services

Investment Management

Banking

Insurance

Wealth Management

Private Equity

Real Estate Investment

Pension Fund Management

Corporate Treasury

Fund Administration

Alternative Investments

Asset Management

Relevant Teams

Legal

Compliance

Investment Management

Risk Management

Client Relations

Operations

Finance

Due Diligence

Portfolio Management

Product Development

Investment Advisory

Wealth Management

Relevant Roles

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

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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