Discretionary Portfolio Management Agreement
An agreement under which an
Client's approval of any specific Transaction is not required before undertaking the Transaction; and
(b) the assets of the
Client are discretely held for that Client and no pooling of those assets occurs with the assets of any other Person, except purely for transactional purposes.
[Added] DFSA RM56/2008 (Made 1st July 2008). [VER17/07-08]