Eaton Vance Corp. ("EVC"), through its investment management affiliates (“Eaton Vance”) is a leading global asset manager whose history dates to 1924. It established its reputation as an investment manager by offering clients a conservative approach to managing money and an uncompromising commitment to integrity and quality. Today, Eaton Vance continues to build on the legacy of investment excellence, distribution strength and product innovation inherited from our predecessors.
On December 30, 2016, Calvert Research and Management ("Calvert", "CRM"), a newly formed Eaton Vance subsidiary, completed its purchase of substantially all of the business assets of Calvert Investment Management, Inc.
CRM's purchase of the assets of Calvert Investments, Inc. ("CIM") included all technology, know-how, intellectual property and the Calvert Research System and processes. CRM also became the successor investment manager to the registered investment management companies that Calvert Investments, Inc. had been manager of prior to the transaction. In addition, CRM hired the vast majority of the employees that were part of Calvert Investments, Inc.'s sustainability research department. As a result, references related to the activity of Calvert Investments, Inc. prior to the purchase of its assets on December 30, 2016, are deemed herein to be the activity of CRM.
Where applicable, EVC has reported across the entire corporation and in the event that one or more of our subsidiaries has done work on responsible investing, we have incorporated that into our responses. Since Calvert has been a leader in responsible investment for many years and we are a recent PRI signatory, many of our responses across the framework address Calvert's work in this area.
Eaton Vance's decision to make CRM the centerpiece of its expansion into responsible investing places CRM in a strong position to seek competitive long-term performance for clients while seeking to positively impact corporate behavior and society overall.
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