"For more than 25 years, Clifton has focused on partnering with institutional clients to help them optimize their portfolio exposures, balance risk and control costs," said Mr. Hansen. "As part of Parametric, our ability to help clients meet these objectives will be significantly enhanced. My colleagues and I embrace the Parametric partnership with great enthusiasm.""Since becoming part of Eaton Vance in 2003, Parametric has been a key element of our strategy to position the Company for an evolving investment management landscape and a major contributor to our growth," said Thomas E. Faust Jr., Chairman and Chief Executive Officer of Eaton Vance Corp. "The Clifton acquisition elevates Parametric's market position and overall importance to Eaton Vance."
Parametric Portfolio Associates LLC, A Subsidiary Of Eaton Vance Corp., To Acquire The Clifton Group Investment Management Company
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts