WASHINGTON, June 8, 2020 /PRNewswire/ -- Calvert Research and Management (Calvert), a subsidiary of Eaton Vance Corp. (Eaton Vance), announced today the launch of Calvert ESG Leaders Strategies, a new series of equity separate account strategies for institutional and individual investors. The Calvert ESG Leaders Strategies are co-managed by Jade Huang and Chris Madden, vice presidents and portfolio managers at Calvert. The strategies invest in the common stocks of selected companies with leading environmental, social and governance (ESG) characteristics as determined by Calvert. Calvert serves as the investment adviser to the strategies. Through a partnership with Eaton Vance-affiliate Parametric Portfolio Associates LLC, tax-managed versions of selected strategies are available to serve taxpaying investors.
Calvert ESG Leaders Strategies:
- Calvert U.S. ESG Leaders
- Calvert Tax-Managed U.S. ESG Leaders
- Calvert Global ex.-U.S. Developed Markets ESG Leaders
- Calvert Tax-Managed Global ex-U.S. Developed Markets ESG Leaders
- Calvert Global Developed Markets ESG Leaders
- Calvert Tax-Managed Global Developed Markets ESG Leaders
- Calvert Emerging Markets ESG Leaders
The Calvert ESG Leaders Strategies seek to invest in companies that are leaders or emerging leaders in ESG factors that Calvert believes are material to long-term performance. The investment process has three primary components: stock selection, portfolio optimization and corporate engagement. The strategies seek to use corporate engagement to strengthen how portfolio companies manage material environmental and social exposures and governance processes and to enhance investment returns.
"Calvert's proprietary, industry-leading research system enables us to identify companies that are leading their peers in managing financially material ESG risks, and which may be poised to take advantage of business opportunities based on their knowledge of and commitment to meaningful ESG practices," said John Streur, president and chief executive officer of Calvert. "Financial materiality is a critical component of ESG analysis. We believe understanding the connection between sustainability factors and business success sets these companies apart and positions them to maneuver efficiently and effectively in an evolving world."
Calvert ESG Leaders Strategies employ a dynamic investment approach that leverages quantitative and qualitative analysis and a risk-managed portfolio construction process, while seeking to effect positive change.
"In developing the strategies, we conducted a quantitative review of ESG leaders' past performance," said Ms. Huang. "The results indicate that companies that achieved top ESG scores in financially material factors have historically produced stronger financial performance than those with weaker ESG scores. Additionally, we found that by optimizing the portfolios, we could position the strategies to achieve positive environmental and societal impact by increasing exposure to companies with healthier environmental footprints and better gender diversity."
About Calvert Research and Management
Calvert Research and Management is a global leader in responsible investing. Calvert sponsors one of the largest and most diversified families of responsibly invested mutual funds, encompassing active and passively managed equity, income, alternative and multi-asset strategies, with approximately $21.3 billion in assets under management as of April 30, 2020. With roots in responsible investing dating back to the 1982 launch of the first mutual fund to oppose investing in companies doing business in apartheid-era South Africa, the firm seeks to generate favorable investment returns for clients by allocating capital consistent with environmental, social and governance best practices and through structured engagement with portfolio companies. Headquartered in Washington, D.C., Calvert manages assets on behalf of funds, individual and institutional separate account clients, and their advisors. Calvert Research and Management is a wholly owned subsidiary of Eaton Vance. For more information, visit calvert.com.
About Eaton Vance
Eaton Vance Corp. (NYSE: EV) 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, Calvert and Hexavest, 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 April 30, 2020, Eaton Vance had consolidated assets under management of $465.3 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.
There are no guarantees regarding the achievement of investment objectives, targets, portfolio construction or allocations. The strategies described may not be suitable for all investors. Investing entails risks, and there can be no assurance that investments managed by Eaton Vance affiliates will achieve profits or avoid incurring losses. Prospective investors should consult with a tax or legal advisor before making any investment decision.
Calvert Research and Management | Suite 400, 1825 Connecticut Avenue NW, Washington, DC 20009-5727 | 877.341.9247 | calvert.com
SOURCE Calvert Research and Management