Investment Overview

A short duration, credit focused approach to hard currency (external) emerging markets debt
Investment team of 40+ professionals focus on country-level analysis in conjunction with associated risk factors
Investment universe of greater than 100 countries
Country-pickers approach with focus on external, sovereign exposure
Target excess return: 200-300 basis points
Tracking error range: 200-500 basis points
Sharpe Ratio: 0.5-1.0
 

Portfolio Construction

Bottom-up portfolio construction by country and risk factor in conjunction with top-down risk measurement.
Individual positions assessed through analysis of country fundamentals, risk factor valuation, portfolio fit, and expected liquidity.

Investment Team

Marshall Stocker, PhD, CFA

Managing Director, Co-Head of Emerging Markets

Joined investment management industry in 1999

Joined Eaton Vance in 2013

PhD, Universidad Francisco Marroquin

MBA, Cornell University

BS, Cornell University


John Baur

Managing Director, Co-Head of Emerging Markets

Joined investment management industry in 2005

Joined Eaton Vance in 2005

MBA, Cornell University

BS, Massachusetts Institute of Technology


Akbar Causer

Managing Director, Portfolio Manager

Joined investment management industry in 2005

Joined Eaton Vance in 2017

MBA, Harvard Business School

BA, University of Pennsylvania


Federico Sequeda, CFA

Executive Director, Portfolio Manager

Joined investment management industry in 2010

Joined Eaton Vance in 2009

BA, Dartmouth College


 

Benchmark

J.P. Morgan Emerging Market Bond Index Global Diversified