Eaton Vance names CIO for $90bn of fixed income assets

Eric Stein replaces Payson Swaffield

clock • 1 min read

Eaton Vance Management has named Eric Stein as its new CIO of fixed income, overseeing over $90bn in fixed income assets across the group and its affiliate.

Stein is replacing Payson Swaffield who recently announced his intention to retire after 29 years with the firm and will take over the role from 1 November. Having served as co-director of global income investments since 2012, Stein's new role will see him report to chairman and CEO Thomas Faust and become responsible for all fixed assets across Eaton Vance Management and its affiliate Calvert Research and Management. Deep Dive into fixed income: The end of the bond bull market as we know it? As of 31 July 2020, this amounts to assets under management of $90.2bn.  "Under his lea...

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