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MARC notes that only the AC payments will be captured in the Financial Service Reserve Account (FSRA) to meet the financial obligations under the programme while the MC payments will be routed to an asset management account to meet the operational and maintenance requirements of the MITI office tower.
Sometimes referred to as an asset management account, cash management account or central asset account, this relatively new personal financial management service is an all-purpose savings vehicle.
These views are subject to change at any time in response to changing circumstances in the markets, and are not intended to predict or guarantee the future performance of any individual security, asset class, the markets generally, nor are they intended to predict the future performance of any UBS Global Asset Management account, portfolio or fund.
As part of this efficient asset management account, the new card program allows clients to use either card for purchases and to earn points regardless of which card they use.
The Home Asset Management Account enables customers to both finance their home and conveniently access their equity as needed.
Customers of Chase Personal Financial Services will also be able to view their asset management account statements online.
Goldman Sachs Asset Management accounts for less than nine per cent of the firm's revenue.

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