Glossary entry

German term or phrase:

Mandatsausübung

English translation:

conducting discretionary management

Added to glossary by Adrian MM. (X)
Jun 12, 2005 09:57
18 yrs ago
1 viewer *
German term

Mandatsausübung

German to English Bus/Financial Investment / Securities
Relates to an investment fund:

"der Überwachung der Programme zum Zwecke des Erreichens höchster Standards bei der Mandatsausübung"

Is there a specific term for this in English?

'ta,
transat.

Proposed translations

10 hrs
German term (edited): bei der Mandatsaus�bung
Selected

when conducting discretionary management

The 'Mandat' to a bank in Au, Lux, Switz. or Liecht etc. is to manage the client's portfolio on a 'discretionary basis' and invest as non-speculatively as poss.

Mandate is gen. used in banking as a written or unwritten authority.

These rules may be cited as the Securities Commission On Conduct of Business Rules. ... (a) the discretionary management of a portfolio; or ...
Something went wrong...
4 KudoZ points awarded for this answer. Comment: " Yes, that's the one, I believe. Thanks to everyone who replied."
+1
6 mins

when the mandate is exercised/when exercising the mandate

..

--------------------------------------------------
Note added at 2005-06-12 11:01:21 (GMT)
--------------------------------------------------

changing the fundamental investment objectives of the Fund, ... shall exercise
their powers and discharge their general mandate and functions honestly, ...
www.cifunds.com/web/pdf/corporate/bog_mandate_e.pdf
Peer comment(s):

neutral silfilla : *mandate* is not used in this connection; please look it up in Webster's or the like:-)
47 mins
we are talking about an investment fund, right? Mandate is definitely used in this context
agree Raghunathan Rajagopalan : exercising the mandate makes sense here.
8 hrs
Something went wrong...
+2
46 mins
German term (edited): Mandatsaus�bung

account management

could it be that they are talking about managed accounts i.e. mandate (!) for managing accounts? Not sure about it but "exercising the mandate" sounds IMHO a wee bit weird.
Peer comment(s):

agree silfilla : account management; mandate is not used in this connection
6 mins
Thanks, that's what I also thought.
agree Kieran McCann : much better
2 hrs
neutral Raghunathan Rajagopalan : I am not sure it is to do anything with account management
8 hrs
So why did asker pick a copy of my answer, then? You might also add that note to the answer chosen.
Something went wrong...
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search