UCITS investment firm

a firm which:

1. (a) is a management company (whether or not it is also the manager of AIFs or the operator56 of other collective investment schemes); and
2. (b) has a Part 4A permission 81to manage investments where:
   1. (i) the investments managed include one or more of the financial instruments81; and
   2. (ii) the permission extends to activities referred to in81 article 6(3) of the UCITS Directive as well as those referred to in81 article 6(2).