Hints and tips:
...The letter has also been signed by Conservative peer Baroness Margaret Eaton....
...The clincher for one Canadian client, an important fabric manufacturer in his home country, to buy a flat in Belgravia’s Eaton Square was memorably idiosyncratic, Bailey says....
...A deal to acquire 93 Eaton Square was signed in recent days, according to people with direct knowledge of the matter....
...One scoop to start: Two of Goldman Sachs’ top investment bankers, including Mark Sorrell, have threatened to quit after being excluded from a new operating committee put in place by chief executive David...
...Fixed-income trading had its best year in a decade but equity numbers were dragged down by an unflattering comparison with 2021, when the bank booked mark to market gains....
...“It effectively creates a big network effect,” says Carbonplace CEO Scott Eaton....
...The Oliver Brown Eaton jacket in honey-coloured double-check linen is £375 (oliverbrown.org.uk). There is also a hire service for Royal Ascot morning wear and top hats....
...A successful bid could mark a revolution in itself....
...In 2020, Morgan Stanley created one of the world’s biggest asset managers by scooping up US investment manager Eaton Vance....
...Year-on-year revenue comparisons were flattered by the integration of Morgan Stanley’s recent purchases of ETrade and Eaton Vance....
...The past four years have hailed megadeals such as Morgan Stanley’s $7bn purchase of Eaton Vance and Franklin Templeton’s $6.5bn acquisition of Legg Mason which initiated both into the $1tn-in-assets club...
...The acquisition marks an attempt by Morgan Stanley to establish a strong foothold in the lucrative asset management industry, where profit margins remain high despite stockpickers coming under intense fee...
...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....
...Job moves Private equity firm Permira has hired former Adobe chief financial officer Mark Garrett as a senior adviser....
...“We are a floating rate product that floats off short-term interest rates,” said Andrew Sveen, a loan portfolio manager at Eaton Vance. “It is one of the reasons we have been out of favour.”...
...The bank lost out to Morgan Stanley last year in the $7bn bidding war for US investment manager Eaton Vance....
...The mutual funds Eaton Vance and Invesco provided the new financing and agreed to restructure their existing debt to Serta Simmons, effectively priming others of the holders of the same “cov-lite” loans....
...We revealed recently that Gorman beat JPMorgan Chase to the Eaton Vance deal....
...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...
...“China is more of a question mark — every global asset manager has aspirations in China so they are competing against a lot of top players.”...
...“Tech is the biggest question mark,” said Ms Hooper of Invesco. “It’s really unclear what would happen to tech under a Biden presidency.”...
...“The most bearish outcome for the dollar is that the global economy recovers as expected and the [US Federal Reserve] stays dovish,” said Eric Stein, a portfolio manager at Eaton Vance....
...The same pattern could be playing out with climate risks today, since these are not yet priced in, former central bankers Janet Yellen and Mark Carney have warned in a new report....
...Mark Stanley’s sensitive portrayal of Sheila’s ex-husband Colin Caffell, on whose book the series is partly based, is outstanding....
...By the end of the decade, fund manager Anthony Eaton expects that two-thirds of the world’s middle classes will be located in Asia....
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