Eaton Vance Management (International) Limited (EVMI), has opened a new Dublin office under the Eaton Vance Global Advisors Limited (EVGA) brand, in a bid to meet what it calls "increased client demand" across Europe.
The opening of the Dublin office marks Eaton Vance's latest expansion in Europe, following the recent launch of Eaton Vance International (Ireland) Emerging Markets Local Income Fund and Eaton Vance International (Ireland) Emerging Markets Debt Opportunities Fund, both registered sub-funds of Eaton Vance International (Ireland) Funds Plc.
The Dublin office will be led by Aidan Farrell, CEO and executive director, and Stephen Tilson, executive director and head of distribution, with additional staff members fulfilling reporting and support functions, the company said in a statement announcing the move.
EVGA manages sub-funds of the Eaton Vance International (Ireland) Funds Plc, incorporated in Ireland and authorised and regulated by the Central Bank of Ireland as an Undertaking for Collective Investment in Transferable Securities (UCITS). .
"As we experience increased client demand across Europe, Eaton Vance is committed to global business integration," said Farrell. "Opening a Dublin office is part of our efforts to best support our clients in EMEA and across the world."
"By opening this office, we are confident we will be able to provide our European clients a smooth transition to a post-Brexit operating environment," said Tilson, "We are well positioned to provide business continuity for our clients despite uncertainties caused by Brexit."
Eaton Vance offers individual, intermediary and institutional investors across Europe a range of investment strategies, services and solutions through what it calls a multi-affiliate structure, including global equity, emerging market debt, global high yield and global macro offerings. As of 31 October 2019, Eaton Vance had consolidated assets under management of $497.4bn.