The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Eaton Vance Navigates a Key Branding Change Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, December 23, 2015

Eaton Vance Navigates a Key Branding Change

Reported by Neil Anderson, Managing Editor

The Eaton Vance [profile] team is unifying the branding for one of their key ventures. The change comes as the Boston-based, publicly-traded mutual fund shop faces a trademark lawsuit over that venture.

Thomas Faust
Eaton Vance Investment Management
Chairman, Chief Executive Officer
Eaton Vance just cleared its last regulatory hurdle to launching the first funds under the new exchange-traded managed fund (ETMF) structure. Eaton Vance is calling those new funds NextShares and is licensing the idea to other mutual fund shops looking for a more active-management-friendly, ETF-like solution. Eaton Vance spokeswoman Robyn Tice confirms that the Eaton Vance unit behind the new structure just changed its name to NextShares Solutions, from Navigate Fund Solutions, "to better align with the NextShares product offerings."

Meanwhile, on December 4 Philadelphia-based Clark Capital Management Group [profile] filed a lawsuit against Eaton Vance and Navigate in the U.S. District Court for the Eastern District of Pennsylvania. Philadelphia-based Clark Capital is a 29-year-old mutual fund shop and ETF strategist that distributes through advisors and has about $3.3 billion in AUM as of May 31. It offers funds and services branded with variations on Navigator, and the suit accuses the Eaton Vance/Navigate folks of "trademark infringement, unfair competition and breach of contract."

MFWire could not reach a Clark spokesperson for comment on the suit. Tice with Eaton Vance declined to comment on the suit directly.

As for Eaton Vance rebranding Navigate as NextShares Solutions after the lawsuit was filed, Tice says that "the timing is coincidental."

"This renaming effort has been underway for quite some time," Tice states. "This change is taking place independent of the lawsuit you mentioned." 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. IDC Webinar: The Future of the Workplace - April 2021, April 23
  2. IDC Virtual Roundtable: Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas - April 2021, April 27
  3. IMEA In Session - Post-Covid Sales Coverage, April 27
  4. MFDF Case Studies in Fund Oversight — A Virtual Roundtable for Directors, Apr 28-29
  5. IDC Virtual Roundtable: Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, and South Dakota - April 2021, April 29
  6. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  7. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  8. ICI 2021 General Membership Meeting - Day 1, May 6
  9. Emerging Manager Forum USA, May 12-14
  10. ICI 2021 General Membership Meeting - Day 2, May 13
  11. 2021 FINRA Annual Conference, May 18-20
  12. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  13. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  14. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  15. IDC Speaker Series - Abby Joseph Cohen: A Conversation About the State of the Global Markets, May 19
  16. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20
  17. ICI 2021 Operations and Technology Conference, May 20
  18. MFDF webinar - Board Oversight of a Fund's Derivatives Risk Management and Fund Compliance With Rule 18f-4, May 24
  19. MFDF webinar - The Use of Alternative Data Sources and Considerations for Fund Directors, May 26
  20. IDC 2021 Virtual Fund Directors Workshop, June 3
  21. MFDF 2021 Fund Governance & Regulatory Insights Conference, Jun 10-11
  22. MFDF webinar - Proposed HSR Rule Changes: Impact on Asset Management, June 17

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use