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Friday, September 13, 2013|
Actively Manage Your ETFs the Eaton Vance Way
In March, Eaton Vance [profile] filed to create a new kind of ETF that would be actively managed, but purportedly would allow managers maintain the confidentiality of their portfolios.
Now, Eaton Vance wants other firms to actively manage ETFs the way they do. For a fee, of course.
In a new filing, Eaton Vance has asked the SEC for permission to license the fund model to other firms.
The language from the filing on the matter is as follows:
Eaton had previously announced that it will partner with BNY Mellon and Nasdaq to promote this model.
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