In the case of an advisory agreement, the investment manager refers to the client before the initial
investments are made and thereafter before portfolio adjustments are executed. The client is free to
accept or decline any recommendation presented to them by the person in charge of their account and
thus can make their own informed investment decisions.
In the case of a discretionary portfolio management, the investment manager initiates and monitors
each portfolio on an ongoing basis. It takes decisions at its own discretion based on best judgement
but within the agreed investment parameters. UniFin will address the following questions:
