investment company characteristics in issuing and listed companies :  * Consisting of the laws and regulations concerning the undertaking of mutual fund management business, private fund management business

prohibition of investment company characteristics in issuing and listed companies :  * Consisting of the laws and regulations concerning the undertaking of mutual fund management business, private fund

reflects this and should be disclosed on an ongoing or regular basis to beneficiaries and clients, together with explanations as to how such arrangements address alignment with beneficiary interests. They