The fund will combine top-down, macroeconomic analysis with customized portfolio construction using quantitative screens to invest in a wide variety of securities: growth and value, small, mid and large cap, U.S., international, developed and emerging markets.
“Rich is a recognized leader in equity style investing with nearly three decades of experience,” said Eaton Vance Chief Equity Investment Officer Duncan W. Richardson. “We are delighted to partner with his firm to bring to market this innovative offering whose top-down style complements our extensive lineup of equity funds based primarily on individual securities selection.”
Bernstein said that investors are under-exposed to equities at a time when “opportunities are compelling. We do not believe investors can reach their long-term goals without an appropriate equity allocation, and we hope to help them find new enthusiasm for stocks.”
