Advancing Standards

One of PMAC’s primary objectives is to “advance standards” of its members which helps the firms be leaders in the industry and ultimately better serve their clients.

Functions and Principles of the Profession of Investment Counsel (Portfolio Management)

PMAC’s mission is “to advocate the highest standards of unbiased portfolio management in the interest of investors served by members.”  To this end, PMAC is committed to promoting the highest standards of professional conduct in the industry.  The Association fully supports the Functions and Principles of the Profession of Investment Counsel (Portfolio Management) which outlines the ethical and professional responsibilities of firms that manage assets on behalf of clients.

We encourage members to either adopt policies and procedures which comply with the Functions and Principles of the Profession of Investment Counsel (Portfolio Management) or the general principles of conduct included in the CFA Institute Asset Manager Code of Professional Conduct ™.