The Parametric Story
In 1987, with backing from Pacific Mutual Life Insurance Company, Parametric opened its doors. Initially focused on the institutional investment world, Parametric broadened its business and investment scope in 1992 with a custom portfolio for a private family office.
The 1990s brought considerable attention to, and innovation in, the areas of structured portfolios, tax-efficiency, and client customization. Parametric grew as it extended products into the areas of non-U.S. portfolios, emerging markets, and overlay management for Unified Managed Account programs.
During this time, our client list expanded to include institutions, family offices, financial advisors, and significant financial intermediaries.
In 2001, with funding and support from a Seattle private equity firm, Parametric’s management team organized a buy-out of the firm from PIMCO Advisors, its institutional owner. In 2003, Eaton Vance became a majority shareholder and strategic partner. With Eaton Vance on board, Parametric increased its ability to innovate and serve clients and their advisors.
Recent years have seen Parametric’s pace of innovation accelerate. We have had the opportunity to extend our foundational skills − rigorous research, quantitative modeling, and portfolio implementation using technology − into new asset classes and investment vehicles.
Parametric’s clients include a variety of US and Non-US institutions, high-net-worth individuals, and family offices. We also manage sub-advisory assignments for mutual funds, partnerships, and other commingled investment vehicles.
