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14.04.2015 14:41:00
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Eaton Vance Corp. -- Moody's: Eaton Vance's NextShares a cheaper alternative to traditional actively managed mutual funds
New York, April 14, 2015 -- A new product developed by Eaton Vance has the potential to help active managers restore their competitiveness with passive managers, says Moody's Investors Service in a new report. The product, NextShares, is an exchange traded managed fund (ETMF) and constitutes a direct response to the shift in industry assets under management over the last few years, according to "Cheaper Active: Taking a Stand Against the Passive Revolution."
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