标题: SMA is a discretionary account [打印本页] 作者: farrukhsadiq 时间: 2013-8-16 18:43 标题: SMA is a discretionary account
Hi all, can someone explain the difference between a seperately managed account and a discretionary account?
Can I consider them the same, or???作者: rohitdoshi 时间: 2013-8-16 18:44
A separately managed account is an account for which there is a single investor. If the account manager can decide when to buy and sell securities, it is a discretionary account; if the account manager cannot decide when to buy and sell securities, is is not a discretionary account.
