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Goldman Sachs AM loses equity investment chief

Goldman Sachs AM loses equity investment chief

Edward Perkin has left Goldman Sachs Asset Management to take over as chief equity investment officer at Eaton Vance Management, the Boston-based group has announced.

Perkin, who joins officially in April, had served as chief investment officer for international and emerging markets equity at GSAM.

He was based in the investment firm’s London office and oversaw a team of 50 portfolio managers and analysts spread across eight global locations.

In his new capacity, Parkin replaces Duncan Richardson, who retired on 31 October 2013. Thomas Faust, chairman and CEO of Eaton Vance, had filled the vacancy on an interim basis.

Commenting on the appointment, Faust said: ‘[Perkin] brings with him a record as an outstanding value stock investor and a skilled leader of investment teams.’

Perkin had spent nearly 12 years with Goldman Sachs Asset Management and, before joining the London unit in 2008, he had been a portfolio manager and analyst on its US value equity team in New York.

Eaton Vance Management oversees close to $40 billion across US and global equity portfolios, covering value, core, growth and dividend income investment styles.

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