Hints and tips:
...The deals were the purchases of online trading platform ETrade and money manager Eaton Vance....
...On one hand, it’s hard not to be pleased when your tax-free investment shows a healthy performance gain....
...The returns on actively-managed funds need to be weighed against fees, Hollands said, adding that the upcoming new tax year was an opportune moment to reassess portfolios....
...A market sloshing with private equity capital helped KPMG’s UK deal advisory practice increase revenues by 31 per cent, far outstripping growth in its larger audit, tax and consulting divisions....
...capital gains tax due elsewhere in their portfolio....
...As part of investment group Eaton Vance, Parametric was acquired by investment bank Morgan Stanley last year in a deal that kickstarted a flurry of activity....
...Morgan Stanley last year acquired Eaton Vance for $7bn, a deal that included the Parametric unit which oversees customised client portfolios worth more than $300bn....
...An earlier version incorrectly described pre-tax profits as net income. A paragraph incorrectly referred to Eaton Vance, when it should have been ETrade....
...The result was that a reported pre-tax profit of $1.5bn (£1.08bn) transformed to a net loss of $4.64bn....
...Speculation around deal candidates and potential predators has been intense since Morgan Stanley snared Boston’s Eaton Vance in a surprise $7bn deal in October that added $500bn in assets and raised the...
...This came just weeks after Morgan Stanley bought Eaton Vance for $7bn, in part to get hold of its Parametric affiliate, with more than $300bn of customised client-specified portfolios....
...BlackRock’s recent acquisition of Aperio and Morgan Stanley’s purchase of Eaton Vance (and its subsidiaries Parametric and Calvert) suggest they agree that customisation is important — and are jumping in...
...But Eaton Vance, too, is seeking SEC approval for a framework for non-transparent ETFs, a design it calls Clearhedge....
...Other managers betting on a shift of active strategies into ETF wrappers include Eaton Vance and T Rowe Price....
...Experts say multi-asset tracker funds are a good place to start....
...Valuation – The rating is seemingly ignoring the investment portfolio, which represents c73% of the current market cap, and the opportunity for enhanced shareholder returns as profit converts to cash....
...Henry Peabody, a portfolio manager with Eaton Vance, said of a possible blockbuster bond sale: “A deal of this size would cause major indigestion.”...
...Parametric specialises in tailoring portfolios for investors who have particular tax management needs or who want to tilt their portfolios to add or eliminate a particular exposure....
...with Eaton Vance....
...“For a long time it had been easy to know what to do,” said Kathleen Gaffney, a portfolio manager with Eaton Vance. “Watch the Fed, interpret the Fed and go risk on or risk off....
...I think this is going to make for choppy markets,” said Kathleen Gaffney, multi-sector portfolio manager at Eaton Vance....
...I would say credit as a whole has become very overvalued and there is a lot more downside there,” says Kathleen Gaffney, multi-sector portfolio manager at Eaton Vance....
...The fund, formerly known as British Assets, was managed by F&C until its board decided to switch to BlackRock’s multi-asset team — and take its name — about 18 months ago....
...For now, Mr Quinn’s focus is on the traditional active management end of the business, as Eaton Vance launches a European Ucits version of its $1.9bn multi-sector income fund for non-US investors....
...In February, Gamco made its first foray into ETFs by adopting the new active exchange-traded managed fund structure that has been developed by US fund house Eaton Vance....
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