What is the difference between segregated accounts and funds?
Segregated accounts allow clients to set individual guidelines or restrictions (e.g. excluding securities of a certain industry), and are generally appropriate for large institutional clients who can meet higher investment minimums. These clients have the flexibility to choose their own custodial bank for trading and record-keeping, and receive regular reporting based on the individual securities held in their portfolios. Generally, client investments in excess of 50 million or more will be treated as segregated accounts. Account minimums, however, vary by strategy, so please contact us for additional information. A fund aggregates assets from multiple investors into one portfolio. This offers investors, who are unable to meet the higher investment minimum levels for segregated accounts, the opportunity to benefit from the economies of scale available through pooling resources. Clients invested in pooled vehicles use a centralised custodian and receive account reports based on the amou
