Overview
Eaton Vance Advisers International Ltd. (“EVAIL”) and its advisory affiliates represent the investment management
division of Morgan Stanley, a publicly held company (“Morgan Stanley”). We are a wholly owned subsidiary of Morgan
Stanley, a corporation whose shares are publicly held and traded on the New York Stock Exchange under the symbol
“MS”. Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth
management and investment management services. With offices in more than 41 countries, the Firm’s employees serve
clients worldwide including corporations, governments, institutions, and individuals. EVAIL’s affiliated organizations have
been providing investment advice since 1924.
EVAIL offers discretionary investment management services in a variety of equity, income, mixed-asset and alternative
strategies. EVAIL’s evaluation of investment alternatives generally places primary emphasis and reliance upon
fundamental analysis of issuers of equity and debt securities; political, economic, and industry developments; money
and capital market conditions, with attention to interest rate patterns; and any other factors that, in EVAIL’s judgment,
could have an impact on the value of an investment.
EVAIL provides investment advisory services through separately managed accounts to a variety of institutional clients
(“Institutional Accounts”) such as pension plans, charitable/religious organizations, regional development banks, and
foreign financial entities. The advisory services for these accounts are tailored to each client based on its individual
investment objectives. Before establishing an Institutional Account, EVAIL and the client discuss the available investment
strategies and the client’s investment objectives. Investment in certain securities or types of securities can be restricted
at the request of the client. See Item 5 – Fees and Compensation for a list of strategies offered for Institutional Accounts.
EVAIL is sub-adviser to various funds sponsored by affiliates (“Funds”). Such Funds include funds registered pursuant
to the Investment Company Act of 1940 (“Investment Company Act”), as amended, collective investment trusts (CIT),
collective trust funds (CTF) exempt from registration under the Investment Company Act, Undertaking for Collective
Investment in Transferable Securities (UCITS) and Qualifying Investor Alternative Investment Funds (QIAIF) issued
outside of the United States. Each Fund is managed in accordance with its respective investment objectives, strategies
and restrictions as approved by the Fund’s Board of Trustees or other governing body, as applicable. Retail investors
most commonly access EVAIL’s advisory services indirectly by investing in the Funds.
Further Information
For additional information regarding the specific investment strategies we employ please refer to Item 8, “Methods of
Analysis, Investment Strategies and Risk of Loss” in this Brochure.
Assets Under Management
As of December 31, 2023, we had approximately $25,779,417,424 in assets under management, all on a
discretionary basis.
FORM ADV, PART 2A EATON VANCE ADVISERS INTERNATIONAL LTD. 5