With the deal Morgan Stanley Investment Management , will have over US$5 billion of combined revenues, and the combination will bring Eaton Vance’s leading US retail distribution together with MSIM’s international distribution. — Reuters pic
The transaction will bring another US$500 billion in assets under management under Morgan Stanley’s umbrella, the companies said in a statement. “Eaton Vance is a perfect fit for Morgan Stanley,” the company’s chief said James P. Gorman said in a statement. He said that under the deal Morgan Stanley will oversee US$4.4 trillion of client assets and AUM across its Wealth Management and Investment Management segments.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaymail - 🏆 1. / 86 Read more »