The Asset Manager Code of Professional Conduct was developed by the CFA Institute to provide a universal framework for asset managers to assess the quality of their business policies, practices, and conduct.
The code was put in place to set a credible global industry standard for investment best practices and ethical conduct. Adopters of the code commit to meeting standards that cover all key aspects of an investment management business.
Click here for more information about the Asset Manager Code of Professional Conduct.
The code applies to all facets of the manager-client relationship, providing practical guidelines covering six main areas of conduct. These guidelines include loyalty to clients, investment process and actions, trading, risk management, compliance and support, performance and evaluation, and disclosures. Additionally, the code lists out 6 key duties/responsibilities managers have to their clients.
These duties include the manager’s responsibility to act in a professional and ethical manner at all times, to act for the benefit of clients, to act with independence and objectivity, to act with skill, competence and diligence, to communicate with clients in a timely and accurate manner, and lastly, to uphold the rules governing capital markets.
Condor Capital Wealth Management claims compliance with the CFA Institute Asset Manager Code of Professional Conduct. This claim has not been verified by the CFA Institute. Compliance with the code reflects not only our company’s efforts to put in place a set of standards, but also our determination to establish an ethics-based culture and our commitment to placing clients’ interests first.
