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As with private labelling, the sponsor is not the fund manager and the product is marked with the sponsor’s name. However, unlike private labelling, the sponsor frequently takes over the functions of the custodian bank and portfolio management as well as marketing the investment fund and advising investors.

Term-Nr.: 847

German: Third Party Mandate (786)

Source: SFO D15 2010 m. e. E., 24.04.2010

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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