A Managed Account is a personal account, created on behalf of an investor and managed by a professional wealth manager. Trading strategies are implemented directly based on the agreed investment style. As the holder of a managed account you retain full control over your account, with access 24 hours a day, 7 days a week. You can track each transaction and the development of your account balance online.
There are very few capital investments that provides such a high degree of transparency. You can top up your account, reduce the capital invested, or indeed demand full repayment of your balance at any time.
Authorized by a limited power of attorney and a portfolio management license the wealth manager can open and close only long and short positions and does not have direct access to your personal account. Power of disbursement remains solely with the account holder.