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Multiple Management

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Multiple Management
The act or practice of multiple money managers working on a single, particularly large portfolio. As with other forms of asset management, these managers make investment decisions on behalf of a client. Each manager has autonomy in the decisions he/she makes, which is intended to both foster a spirit of competition and allow individual investments to be more closely monitored. However, multiple management is not always conducive to coordination between the managers, a fact that may hinder the accomplishment of the client's investment goals. Multiple management is usually limited to institutional investors and high net-worth individuals, as it is usually expensive.

multiple management
The apportionment of a large portfolio's assets among several managers. This process permits the managers more flexibility, allows for closer monitoring of investments, and creates a competitive atmosphere among the managers. The major disadvantages are higher cost and the potential lack of coordination in meeting the fund's overall investment goals.


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Centerline employs multiple management companies to oversee its more than 60 multifamily assets, and each uses a different property management system (Yardi or MRI).
A solution to this issue would be to have multiple tools from the same vendor using multiple methods to manage all possible environments; another solution would be one tool that uses multiple management methods or one solution that uses one method to manage all possible environments.
Boise Regional Property Manager Danielle Jorgensen has experience managing communities with multiple management companies.
 
 
 
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