Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Time To Get Positive On Eaton Vance

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...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
WITH SEEKING ALPHA PRO, INVESTORS CAN ALSO:
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details