Eaton Vance Management Tuesday announced the launch of the Eaton Vance Global Macro Absolute Return Advantage Fund.

Managed by the firm’s global fixed income group, the fund will employ a flexible strategy to invest in a wide range of global securities, including many typically not offered to retail investors. In selecting these instruments, the manager will employ macroeconomic and political analysis to pinpoint opportunities throughout the world.

The fund’s primary investments will be in the debt, currencies and  invest rates of sovereign nations, followed by corporate debt, equities, municipals and commodities.

“We’re country pickers,” said Michael Cirami, co-portfolio manager. “We seek to identify disconnects between a country’s fundamentals and the pricing of assets in its investment markets. Deteriorating markets can often represent some of the most compelling opportunities. Narrower mandates could miss them.”

In conjunction with the new fund, Eaton has launched a new micro site on absolute return investing and the firm’s global macro investment approach: http://www/

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