Results for toulement translation from French to English

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toulement

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French

ces actifs ne lui appartiennent pas; il sont détenus à titre fiduciaire et figurent ou bien dans des comptes «hors bilan» (ils ne sont pas repris dans l'actif total de la société de gestion), ou bien dans des états financiers toulement indépendants des comptes de la société de gestion de patrimoine.

English

the assets being managed do not belong to the fund management company; they are held on a fiduciary basis and therefore either they are booked in 'off balance sheet' accounts (not included in the toul assets figure of the fund management company) or they have to be booked in financial statements completely independent of the accounts of the fund management company.

Last Update: 2014-02-06
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