Morgan Stanley to buy Eaton Vance for $7bn

Jonathan Stapleton
clock • 2 min read

Morgan Stanley has agreed to buy Eaton Vance for $7bn (£5.4bn) – a move that will nearly double the size of its investment management business.

Eaton Vance currently has around $500bn in assets under management (AUM). Following the acquisition, Morgan Stanley Investment Management (MSIM) will have AUM of $1.2trn and revenues of over $5bn. ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

The growing case for real estate debt

The growing case for real estate debt

Ashley Manning-Brown says investor attention is broadening beyond corporate direct lending

Ashley Manning-Brown
clock 29 May 2026 • 5 min read
DC master trusts continue to increase illiquid allocations

DC master trusts continue to increase illiquid allocations

Isio says providers still favour globally diversified private market portfolios

Holly Roach
clock 22 May 2026 • 2 min read
UK inflation drops to 2.8% but DB schemes 'insulated' from shocks

UK inflation drops to 2.8% but DB schemes 'insulated' from shocks

Stagflation concerns remain in focus for investors this year

Patrick Brusnahan and Jonathan Stapleton
clock 20 May 2026 • 3 min read
Trustpilot