Change in Portfolio Management Team of Eaton Vance Tax-Managed Emerging Markets Fund and Eaton Vance Structured Emerging Markets Fund.BOSTON -- Eaton Vance Eaton Vance is an American financial services company headquartered in Boston, MA. It is traded on the New York Stock Exchange under the symbol EV.[1] At the end of the second quarter of the 2006 fiscal year, the company had assets under management of $118.8 billion. Corp. announced today a change in the portfolio management team of Eaton Vance Tax-Managed Emerging Markets Fund and Eaton Vance Structured Emerging Markets Fund (the "Funds"). The Funds are sub-advised by Parametric Portfolio Associates, an Eaton Vance affiliate headquartered in Seattle, Washington  This page is protected from moves until disputes have been resolved on the .The reason for its protection is listed on the protection policy page. . The management team of the Funds at Parametric consisting of Clifford Quisenberry, Thomas Seto and David Stein David Stein can refer to more than one person:
Since inception, the Funds have employed a top-down, disciplined and structured investment process that emphasizes broad exposure and diversification among emerging market countries, economic sectors and issuers. This strategy utilizes targeted allocation and periodic rebalancing Rebalancing The process of realigning the weightings of one's portfolio of assets. Notes: For example, if your portfolio's proportion of stock has grown too large for your intended assets weightings and risk tolerance, you might rebalance by selling some stock and putting to take advantage of certain quantitative and behavioral characteristics of emerging markets identified by the portfolio management team. Holdings are diversified across more than 1,000 stocks in approximately 40 emerging markets countries. Mr. Quisenberry was also a member of the management team responsible for Parametric's Structured Emerging Markets Strategy (the "Strategy"), which also employs a top-down, disciplined and structured investment process. Strategy decisions and investment policies for the Strategy will continue to be made by PPA's Emerging Markets Equity Investment Committee, of which Mr. Stein and Mr. Seto are members. Parametric Portfolio Associates offers a variety of structured portfolio solutions, including customized core equity portfolios (U.S., Non-U.S. and Global Tax-Managed Core[TM]), and overlay (1) A preprinted, precut form placed over a screen, key or tablet for identification purposes. See keyboard template. (2) A program segment called into memory when required. portfolio management (OverlayOne[TM]). Eaton Vance Corp., a Boston-based investment management firm with $135.5 billion of assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. on January 31, 2007, is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol EV. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion