Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

Alternative versions

  1. Point in time
    2015-02-01

efficient portfolio management

52(in COLL and in accordance with article 11 of the UCITS eligible assets Directive) techniques and instruments which relate to transferable securities and approved money-market instruments and which fulfil the following criteria:

  1. (a) they are economically appropriate in that they are realised in a cost effective way;
  2. (b) they are entered into for one or more of the following specific aims:
    1. (i) reduction of risk;
    2. (ii) reduction of cost;
    3. (iii) generation of additional capital or income for the scheme with a risk level which is consistent with the risk profile of the scheme and the risk diversification rules laid down in COLL.