Investment Overview

Our investment team seeks to capitalize on inefficiencies across developed, emerging, and frontier markets. Sources of return are drawn from a diverse set of assets.
Fundamental discretionary Global Macro strategy.
Three objectives: return in excess of 3-Month U.S. Treasury Bill rates, annualized standard deviation similar or lower than excess return, near zero beta to traditional sources of systematic investment risk.
Portfolio consists primarily of long and short sovereign positions across currencies, sovereign credit, and interest rates.
Investment process combines bottom up investment decisions, top down risk measurement, and risk management throughout the process.
 

Portfolio Construction

Portfolio seeks to generate gross returns of benchmark plus 6-8%
Expected volatility will typically range from 4-8%
Currency +/- 100%
Credit Spread Duration Contribution +/- 6.0 years
Interest Rate Duration Contribution +/- 6.0 years
Equity +/- 20%
Commodity +/- 20%

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


Kyle Lee, CFA

Executive Director, Portfolio Manager

Joined investment management industry in 2007

Joined Eaton Vance in 2007

BA, Wesleyan University


Patrick Campbell, CFA

Executive Director, Portfolio Manager

Joined investment management industry in 2008

Joined Eaton Vance in 2008

BA, Boston College


Federico Sequeda, CFA

Executive Director, Portfolio Manager

Joined investment management industry in 2009

Joined Eaton Vance in 2010

BA, Dartmouth College


Hussein Khattab, CFA

Executive Director, Portfolio Manager

Joined investment management industry in 2013

Joined Eaton Vance in 2013

MS, Boston University

BEng, American University of Beirut


 

Benchmark

ICE BofA 3-Month U.S. Treasury Bill Index