SEATTLE, Sept. 5, 2019 /PRNewswire/ -- Parametric
Portfolio Associates LLC (Parametric), an affiliate of Eaton Vance
Corp. (NYSE: EV), announced today the appointment of David W. Phillips, CFA, as Director, Liability
Driven Investment Strategies. Working closely with the Overlay
Solutions and Fixed Income teams, this new role supports the
recently announced strategic initiative to strengthen its
leadership positions in rules-based, systematic investment
strategies, customized separately managed accounts and wealth
management solutions. Mr. Phillips focuses on helping clients with
modeling pension liabilities, provides expertise on Liability
Driven Investment (LDI) management, and builds and manages relevant
fixed income models. Based in Seattle, Mr. Phillips joined Parametric on
July 29, and reports to Justin Henne, CFA, Managing Director of
Investment Strategy.
"As Parametric deepens and expands its institutional
relationships and fixed income offerings, David brings extensive
background in designing LDI strategies, providing risk analytics
and creating related thought leadership," said Mr. Henne. "He will
be instrumental in providing greater insights to our LDI clients
and their consultants."
Mr. Phillips was previously Director, Client Strategy and
Research/Risk Analytics at Russell Investments, where he was
responsible for research, development and analysis of investment
strategies for defined benefit plans and evaluating risk for plan
sponsors. His prior experience includes serving as Manager, Client
Services at NISA Investment Advisors, where he provided pension
liability expertise for the firm's clients, and Director, Asset
Management for Celanese Corporation, where he led global pension
investment activity. Mr. Phillips holds a B.S. in Mathematics from
the University of Wyoming and an M.S.
in Mathematics from Oregon State
University. He has an actuarial background and holds EA
(Enrolled Actuary) and ASA (Associate of the Society of Actuaries)
designations.
About Parametric
Parametric uses investment science to build and manage
systematic investment strategies and to implement custom portfolio
solutions providing clients with targeted investment exposures with
control of costs and taxes. Based on principles of intellectual
rigor, ingenuity and transparency, Parametric seeks to deliver
repeatable client outcomes with consistently high levels of service
and maximum efficiency. As of July 31,
2019, Parametric managed $252.4
billion in assets on behalf of institutions, high-net-worth
individuals and fund investors. Headquartered in Seattle, Parametric also has offices in
Minneapolis, Westport, Connecticut, Boston, and Sydney,
Australia. For more information, visit
parametricportfolio.com.
About Eaton Vance
Eaton Vance provides advanced investment strategies and wealth
management
solutions to forward-thinking investors around the world. Through principal investment affiliates
Eaton Vance Management, Parametric, Atlanta Capital, Hexavest and
Calvert, the Company offers a diversity of investment approaches,
encompassing bottom-up and top-down fundamental active management,
responsible investing, systematic investing and customized
implementation of client-specified portfolio exposures. As of
July 31, 2019, Eaton Vance had
consolidated assets under management of $482.8 billion. Exemplary service, timely
innovation and attractive returns across market cycles have been
hallmarks of Eaton Vance since 1924. For more information, visit
eatonvance.com.
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SOURCE Parametric Portfolio Associates LLC