a) Every investment advisor and fund managers' discretionary funds has to appoint a custodian for the assets
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Question:
a)Every investment advisor and fund managers' discretionary funds has to appoint a custodian for the assets of the funds. The same requirement applies to investment banks when they undertake similar authorized functions
Required:
In relation to the above statement, summarize five duties of a custodian
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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