¶¶Òõ¶ÌÊÓƵ

The Investment Management Contract serves as the foundational document governing the professional relationship between investment managers and their clients in New Zealand. It is essential for any arrangement where an investment manager takes on the responsibility of managing client assets on a discretionary basis. The contract must comply with New Zealand's robust regulatory framework, particularly the Financial Markets Conduct Act 2013 and related legislation. This document typically includes detailed provisions on investment strategy, risk management, performance measurement, fee structures, regulatory compliance, and reporting obligations. It is designed to protect both the investment manager and the client by clearly defining roles, responsibilities, and service expectations while ensuring alignment with New Zealand's financial markets regulations and best practices.

1. Parties: Identification of the investment manager and the client, including full legal names and addresses

2. Background: Context of the agreement, including the manager's licensing status and client's investment objectives

3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation

4. Appointment and Authority: Formal appointment of the investment manager and scope of discretionary authority

5. Investment Services: Detailed description of services to be provided by the investment manager

6. Investment Guidelines and Restrictions: Parameters within which the manager must operate, including any investment restrictions

7. Manager's Obligations: Key duties, responsibilities, and standard of care required from the manager

8. Client's Obligations: Client's responsibilities including providing accurate information and funds

9. Fees and Expenses: All fees payable to the manager and responsibility for expenses

10. Reporting and Valuations: Requirements for periodic reporting, performance measurement, and portfolio valuations

11. Representations and Warranties: Key statements of fact and assurances from both parties

12. Compliance and Anti-Money Laundering: Obligations regarding regulatory compliance and AML/CFT requirements

13. Confidentiality and Privacy: Protection and handling of confidential information and personal data

14. Liability and Indemnification: Extent of manager's liability and mutual indemnifications

15. Term and Termination: Duration of agreement and circumstances for termination

16. Post-Termination Obligations: Obligations and procedures following termination

17. General Provisions: Standard boilerplate clauses including notices, amendments, governing law