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The
Investment Management Program provides access to independent
institutional portfolio managers who actively manage institutional
securities on behalf of our clients on a discretionary basis.
With the Investment Manager Program, we can
guide clients through a sophisticated portfolio development and
investment selection process that utilizes one or more money managers
to implement the selected and custom-tailored portfolio strategy.
Worldwide Asset Management selects the appropriate portfolio managers
based on a comprehensive review of quantitative and qualitative
attributes and provides us with an approved list of portfolio managers.
The
selected Portfolio Managers are provided information about the client
including any specific limitations on the account the client wishes to
put in place.
A PM may
reject the account for any reason. However, unless the client has
requested limitations that the PM cannot feasibly accommodate, they
will normally accept the account. Although WAM's IARs are not
prohibited from recommending WAM Portfolio Managers to clients,
disclosure to the client of any affiliation is required, in addition to
an eventual conflict of interest inherent in the recommendation and
additional revenue to WAM,.
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