Description: A senior-track discussion on the evolving structural, governance, and negotiation considerations shaping institutional separately managed account relationships.
Learning Objectives: (i) Identify the key structural and governance considerations that differentiate SMAs from commingled funds; (ii) Evaluate the negotiation dynamics, fee structures, and control provisions typical in institutional SMA arrangements; (iii) Advise internal stakeholders on the strategic and operational implications of SMA participation.
