multiple management

multiple management definition - business

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 for a lack of coordination in meeting the fund's overall investment goals.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.