The US housing market is showing signs of a full recovery, with home sales, property prices and construction all increasing, but Canadian investment boutique Hexavest believes the optimism may be overdone.
US-based manager Eaton Vance Management has appointed Kathleen Gaffney as vice president and co-director of investment grade fixed income.
Eaton Vance has completed the previously announced purchase of a 49% interest in Montreal-based Hexavest. The employee shareholders of Hexavest will continue to control the company and direct its operations.
A plethora of reasons - and none of them to do with the current crisis - are encouraging US asset managers to position for expanding their businesses across Europe.
Selective messaging, selective market targeting and a long term commitment to the region are what US manager Eaton Vance Investment Managers believes will see it emerge as a bigger and better known provider in the European region.
Investment management firm Eaton Vance has announced today the agreement for the acquision of 49% of Hexavest.
Dire growth rates and the threat of insolvency hanging over banks has caused Eaton Vance managers to heavily short both French and Spanish debt.
Eaton Vance Management (International) Ltd, a subsidiary of Eaton Vance Management and the international arm of Eaton Vance Corp, has launched two funds into Europe based on the investment process of its structured investments specialist subsidiary Parametric...