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Eaton Vance unveils Equity Fund

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Eaton Vance Management International (EVMI) has launched an Australian-domiciled equity fund, which centres on long-term capital appreciation.

The Eaton Vance (Australia) Hexavest All-Country Global Equity Fund employs a largely top-down investment style that incorporates propriety fundamental research and quantitative models.


It achieves this by investing in a diversified portfolio of common stocks.


"Expanding our investment capabilities for Australian clients continues to be a priority for Eaton Vance," EVMI managing director Niall M Quinn said.


The fund will be managed by a team of investment professionals from Hexavest, a Montreal-based investment manager, of which Eaton Vance acquired 49 per cent ownership in August last year.

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Under normal market conditions the fund will invest at least 90 per cent of its net assets in equity securities.