I first wrote about Eaton Vance (NYSE:EV) when I cautioned investors that the firm faced redemption related headwinds stemming from the underperformance of many of its key investment funds. That issue has not changed - EV continues to underperform in many of its traditionally key equity funds compared with peers. Yet with substantial redemptions already having taken place (up to 66% of AUM in some key categories from what I can tell), much of this risk in the stock has dissipated. At the same time, I am very impressed with Eaton Vance's new products. The stock has bounced around since last fall going neither up nor down really, and at today's price a bit under $40, I think...
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