Please refer to this thread for the response to a similar question.
Investments managed under discretionary mandates are required to be covered by targets while investments administered (on behalf of third parties) under advisory or execution-only mandates are optional. If an FI can make investment decisions or have been or is involved in designing the investment strategy (i.e. have had or has some influence over fund/security selection and/or can vote for the securities in its portfolio), these assets shall be included in the target boundary.