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A mutual recognition arrangement is an international arrangement based on such an agreement. Countries involved in the agreement can designate for the scope of the agreement Conformity Assessment Bodies (CAB), laboratories and inspection bodies. MRAs have become increasingly common since the formation of the World Trade Organization in 1995.
An individual retirement account is a type of individual retirement arrangement as described in IRS Publication 590, Individual Retirement Arrangements (IRAs). Other arrangements include employer-established benefit trusts and individual retirement annuities , [5] by which a taxpayer purchases an annuity contract or an endowment contract from a ...
Separately managed account. In the investment management industry, a separately managed account ( SMA) is any of several different types of investment accounts. For example, an SMA may be an individual managed investment account; these are often offered by a brokerage firm through one of their brokers or financial consultants and managed by ...
In a soft dollar arrangement, the investment manager directs commissions generated by a client's or fund's transactions to a broker-dealer or other trading venue. Soft dollars, in contrast to hard dollars (actual cash) which have to be reported , are incorporated into brokerage fees and paid expenses, which may not be reported separately ...
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MFS Investment Management (MFS) is an American-based global investment manager, formerly known as Massachusetts Financial Services.. Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund.
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