In the Margins

Eaton Vance AUM down in 3Q

November 25, 2015

By The Wall Street Journal

Eaton Vance Corp. missed Wall Street expectations for the Oct. 31-ending quarter, with assets under management slipping 0.4% from the previous quarter to $311.4 billion; AUM was up 4.6% from the year prior. The Boston-based firm said profit during the quarter slid as it struggled amid rocky markets and spending to roll out new funds. Read the original story from The Wall Street Journal.