Parametric Portfolio Associates, a subsidiary of Eaton Vance Corp. (EV), and The Clifton Group Investment Management Company announced today the completion of the
Based in Minneapolis, Clifton specializes in providing futures- and options-based overlay services and custom risk management products to institutional investors. As of October 31, Clifton managed $33.5 billion of funded and overlay assets on behalf of its clients.
Parametric is a Seattle-based investment management firm focused on rules-based, risk-controlled investment strategies, including engineered alpha-seeking strategies, options strategies and customized equity and centralized portfolio management implementation services.
As of October 31, Parametric managed $53.4 billion in assets on behalf of institutions, high-net-worth individuals and fund investors in the U.S. and internationally.