Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Top Links You Must Click On


Parametric Portfolio Associates LLC, a Subsidiary of Eaton Vance Corp., to Acquire The Clifton Group Investment Management Company

SEATTLE, Nov. 12, 2012 /PRNewswire/ -- Parametric Portfolio Associates LLC (Parametric), a Seattle-based subsidiary of Eaton Vance Corp. (NYSE: EV), today announced the signing of a definitive agreement to acquire the business of The Clifton Group Investment Management Company (Clifton).

Based in Minneapolis, Clifton specializes in providing futures- and options-based overlay services and custom risk management solutions to institutional investors.  Clifton's overlay services enable clients to add, remove or hedge market exposures in a transparent and efficient manner without disrupting underlying holdings.  Clifton's risk management strategies employ futures, options and similar instruments to help clients enhance risk-adjusted returns.  As of September 30, 2012, Clifton managed $33.4 billion of funded and overlay assets on behalf of approximately 180 institutional clients. 

Clifton is currently owned 80% by non-employee shareholders and 20% by Clifton's three principals: Chief Investment Officer Jack L. Hansen, Senior Portfolio Manager Thomas B. Lee and Managing Principal Kip Chaffee.  Each principal will exchange Clifton stock for Parametric equity and will continue in his current role pursuant to a long-term employment agreement entered into at closing.  Clifton will operate as a division of Parametric, with Kip Chaffee reporting to Brian Langstraat, Parametric's Chief Executive Officer, and Jack Hansen retaining responsibility for leading Clifton's investment function.  Clifton will continue in its current location, and no changes in Clifton personnel are expected as a result of the transaction. 

"Our vision for Parametric is to offer an industry-leading platform of portfolio implementation, risk management, tax management and engineered investment strategies to sophisticated investors around the globe," said Mr. Langstraat.  "Clifton's strengths in overlay and risk management solutions complement our existing capabilities and add meaningfully to our product offerings.  We are thrilled to welcome our new Clifton colleagues to the Parametric team." 

"For more than 25 years, Clifton has focused on partnering with institutional clients to help them optimize their portfolio exposures, balance risk and control costs," said Mr. Hansen.  "As part of Parametric, our ability to help clients meet these objectives will be significantly enhanced.  My colleagues and I embrace the Parametric partnership with great enthusiasm."    

"Since becoming part of Eaton Vance in 2003, Parametric has been a key element of our strategy to position the Company for an evolving investment management landscape and a major contributor to our growth," said Thomas E. Faust Jr., Chairman and Chief Executive Officer of Eaton Vance Corp.  "The Clifton acquisition elevates Parametric's market position and overall importance to Eaton Vance."    

Completion of the transaction is expected on or about December 31, 2012 and is subject to certain customary closing conditions.  Terms are not being disclosed.

About Parametric

Parametric is a Seattle-based investment management firm focused on the delivery of rules-based, risk-controlled strategies, including engineered alpha-seeking portfolios, options strategies and customized equity and centralized portfolio management implementation services. As of September 30, 2012, Parametric managed $53.1 billion in assets on behalf of institutions, high-net-worth individuals and fund investors in the U.S. and internationally.  Parametric is a majority-owned subsidiary of Eaton Vance.  

About Eaton Vance

Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating to 1924.  Eaton Vance and its affiliates managed $198.2 billion in assets as of September 30, 2012, offering individuals and institutions a broad array of investment strategies and wealth management solutions. Eaton Vance's long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made it the investment manager of choice for many of today's most discerning investors.

SOURCE Eaton Vance Corp.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Enterprise Open Source Magazine Latest Stories . . .
It’s time to talk more vociferously about open data. A better headline for this piece would be: why open data is not an overnight sensation or indeed a turn of a dial or a flick of a switch, i.e., it is not something automatically achieved without some kind of longer term strategic dr...
In their session at DevOps Summit, Asaf Yigal, co-founder and the VP of Product at Logz.io, and Tomer Levy, co-founder and CEO of Logz.io, will explore the entire process that they have undergone – through research, benchmarking, implementation, optimization, and customer success – in ...
SYS-CON Events announced today that Logz.io has been named a “Bronze Sponsor” of SYS-CON's @DevOpsSummit Silicon Valley, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Logz.io provides open-source software ELK turned into a log analy...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for vi...
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are need...
Zigbee is an open global wireless protocol standard that addresses the needs of low-cost, low-power networks that connect IOT devices such as home automation; (automating functions like opening doors, garage openers, water sprinklers, etc.); environment control like temperature; contro...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE