Morgan Stanley acquires investment firm Eaton Vance | Malay Mail

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.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IMF urges infrastructure investment to boost post-Covid growth | Malay MailWASHINGTON, Oct 6 — The International Monetary Fund yesterday said member governments should seize a low interest rate opportunity to invest in infrastructure to drive recovery from the coronavirus pandemic and a shift toward greener energy. The IMF said in chapters from it fiscal monitor that...
Source: malaymail - 🏆 1. / 86 Read more »

Hundreds arrested as Indonesians protest against new investment bill | Malay MailJAKARTA, Oct 8 — Hundreds of people were arrested in Jakarta today as tens of thousands protested across Indonesia for a third day against a controversial new law that critics say will harm labour rights and the environment. Thousands of security personnel were deployed to block access to the... Right cause
Source: malaymail - 🏆 1. / 86 Read more »