SEATTLE, Oct. 04, 2018 (GLOBE NEWSWIRE) -- Parametric Portfolio Associates LLC (Parametric), a subsidiary of Eaton Vance Corp., today announced the registration of Parametric as a Portfolio Manager with the securities regulatory authorities in certain provinces of Canada with regard to specific products and strategies as well as a Commodity Trading Manager in Ontario. The registrations became effective this summer.
“There is a strong appetite from Canadian investors to access our customized beta, systematic active strategies and overlay solutions across multiple asset classes,” said Mr. Brian Langstraat, CEO of Parametric. “Canadian investors are seeking out transparent, risk-managed solutions, and Parametric is well positioned to enter this market given its 30-year track record and deep investment expertise.”
Parametric, a subsidiary of Eaton Vance Corp., is a leading systematic asset manager focused on delivering elevated, transparent, repeatable investment outcomes by bringing clarity and accessibility to investment science. Parametric's solutions apply ingenuity and scientific rigor to manage risks and controls costs across three main categories: better beta, nontraditional alpha and efficient portfolio implementation. As of June 30, 2018, Parametric managed $231.3 billion assets on behalf of institutions, high-net-worth individuals and fund investors in the U.S. and internationally. Parametric operates from investment centers in Seattle, WA, Minneapolis, MN and Westport, CT. For more information, visit parametricportfolio.com.
Parametric Portfolio Associates LLC (“Parametric”), headquartered in Seattle, Washington, is registered as an investment adviser with the U.S. Securities and Exchange Commission under the Investment Advisers Act of 1940. Parametric provides investment advisory services directly to institutional investors and indirectly to individual investors through financial intermediaries.
Parametric does not provide legal, tax and/or accounting advice or services. Parametric is located at 1918 8th Avenue, Suite 3100, Seattle, WA 98101. For more information regarding Parametric and its investment strategies, or to request a copy of Parametric’s Form ADV, please contact us at 206.694.5575 or visit our website, www.parametricportfolio.com.
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Christine Hudacko
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