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Investment Management Agreement

This template is an agreement between an investor and an investment manager, outlining the terms and conditions under which the investment manager will manage the investor's assets. It is suitable for use when engaging a third party to manage investment portfolios.

Updated 16d ago
investmentmanagementagreementfinanceportfolioasset managementSouthern Africa

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

INVESTMENT MANAGEMENT AGREEMENT

This Investment Management Agreement (the “Agreement”) is made and entered into effective as of {{effective_date}} (the “Effective Date”), by and between:

{{investor_name}}, a company/individual duly incorporated/residing in {{investor_jurisdiction}} with its registered office/address at {{investor_address}} (hereinafter referred to as the “Client”);

AND

{{manager_name}}, a company duly incorporated in {{manager_jurisdiction}} with its registered office at {{manager_address}} (hereinafter referred to as the “Manager”).

(Hereinafter collectively referred to as “the Parties” and individually as “Party”)

1. APPOINTMENT OF MANAGER

1.1 The Client hereby appoints the Manager to manage the investment portfolio of the Client, and the Manager hereby accepts such appointment, subject to the terms and conditions set forth in this Agreement.

1.2 The Manager shall have discretionary authority to manage the Client’s assets as further detailed in Schedule A (Investment Mandate), without prior consultation with the Client for each transaction, but in strict adherence to the agreed investment objectives and risk profile.

2. INVESTMENT OBJECTIVES AND GUIDELINES

2.1 The Client’s investment objectives, risk tolerance, and any specific investment restrictions or guidelines are set out in Schedule A (Investment Mandate), which forms an integral part of this Agreement.

2.2 The Manager shall manage the Client's assets with the aim of achieving the investment objectives specified in Schedule A, acting at all times in good faith and with the duty of care, skill, and diligence expected of a professional investment manager.

3. FEES AND EXPENSES

3.1 The Client shall pay the Manager fees as set out in Schedule B (Fee Structure), which forms an integral part of this Agreement. Fees shall be calculated and payable {{payment_frequency}}.

3.2 The Client shall also be responsible for all reasonable and customary expenses incurred by the Manager in the performance of its duties hereunder, including but not limited to brokerage fees, custodian fees, and other transaction-related costs, as detailed in Schedule B.

4. REPORTING AND ACCOUNTING

4.1 The Manager shall provide the Client with regular reports on the performance of the investment portfolio and details of all transactions undertaken, at a minimum on a {{reporting_frequency}} basis.

4.2 The Manager shall maintain accurate and complete records of all transactions relating to the Client's portfolio, which shall be available for inspection by the Client upon reasonable notice.

5. DURATION AND TERMINATION

5.1 This Agreement shall commence on the Effective Date and shall continue until terminated by either Party in accordance with the provisions of this clause.

5.2 Either Party may terminate this Agreement by giving not less than {{notice_period}} days’ written notice to the other Party.

5.3 This Agreement may be terminated immediately by either Party upon a material breach of any term of this Agreement by the other Party, if such breach is not remedied within {{cure_period}} days of written notice specifying the breach.

6. LIMITATION OF LIABILITY AND INDEMNIFICATION

6.1 The Manager shall not be liable for any loss suffered by the Client in connection with the investment management services, except to the extent that such loss arises from the Manager’s gross negligence, fraud, or wilful misconduct.

6.2 The Client agrees to indemnify and hold harmless the Manager from and against any and all claims, liabilities, damages, and expenses arising out of the Manager's performance of its duties under this Agreement, except in cases of the Manager's gross negligence, fraud, or wilful misconduct.

7. GOVERNING LAW AND DISPUTE RESOLUTION

7.1 This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

7.2 Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration in accordance with the rules of the {{arbitration_body}} for the time being in force, which rules are deemed to be incorporated by reference into this clause. The seat of the arbitration shall be {{arbitration_seat}}.

Signature Block

IN WITNESS WHEREOF, the Parties hereto have executed this Investment Management Agreement as of the Effective Date.

FOR THE CLIENT:

_________________________

Name: {{investor_signatory_name}}

Title: {{investor_signatory_title}}

Date: {{investor_signature_date}}

FOR THE MANAGER:

_________________________

Name: {{manager_signatory_name}}

Title: {{manager_signatory_title}}

Date: {{manager_signature_date}}

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