In a Partial Portfolio Management process:

1. The fund manager partially manages a part of the client's assets, does not need to consider the impact of the portfolio to all the client's assets.
2. The fund manager partially manages a part of the client's assets, but need to consider the impact of the portfolio to all the client's assets.
3. The fund manager fully manages a part of the client's assets, but need to consider the impact of the portfolio to all the client's assets.
4. The fund manager fully manages a part of the client's assets, does not need to consider the impact of the portfolio to all the client's assets.