Genworth Adds Eaton Vance as Portfolio Strategist

Genworth Financial Wealth Management (GFWM), a subsidiary of Genworth Financial, Inc., has added Eaton Vance as a Portfolio Strategist for client accounts.

According to a press release, Eaton Vance provides individual investors, institutions, and financial professionals with a range of investment solutions.  Under this new agreement, financial advisers on GFWM’s platform will have the option to select Eaton Vance as Portfolio Strategist for client accounts utilizing GFWM’s Absolute Return and Tactical Unconstrained Asset Allocation approaches.  

Absolute Return is an Asset Allocation Approach that seeks modest returns through highly-active, extremely risk-sensitive management that may include alternative strategies.  The Tactical Unconstrained Asset Allocation Approach provides for broad flexibility in terms of asset class selections and allocation shifts, allowing the Portfolio Strategist to move in response to changes in market outlook.   

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