Zazove Associates manages client portfolios on a discretionary basis, applying its own investment strategies. They primarily use convertible securities like bonds and preferred stocks. While clients can request restrictions on certain investments, Zazove doesn't offer continuous, individualized advice. The firm manages portfolios for various clients, including insurance companies, pension plans, and private investment funds.
Fee Structure
Zazove Associates' management fees range from 0.50% to 1.00% annually, depending on the investment program, the type of account (separate account vs. investment fund), and the total amount managed for the client and its affiliates. Fees are typically billed quarterly in advance. Under certain circumstances, fees may be negotiable, including structuring a performance fee, which would have a lower fixed fee.