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This book answers the need for a practical treatment of this burgeoning area of financial services, with the emphasis on the investment management service itself as distinct from individual investment products. It focuses on the contractual and regulatory aspects of the investment manager's business, with additional information on equivalent practices in the US. * Coverage of key UK legal and regulatory issues with information on equivalent practices in the US * Provides expert commentary and background information on this growing area within financial markets * Pulls together the expertise of a range of specialists in this area