Nov. 18, 2002 — Eaton Vance Management named Kiersten H. Christensen as portfolio manager of the $74.5-million Eaton Vance Tax Managed International Growth Fund (ETIGX), succeeding Armin Lang, who has resigned from the firm.
According to a company spokeswoman, Lang is returning to his native Germany for `personal reasons.’ Lang had managed the fund since its inception in April 1998.
Year to date through October 31, the fund had plunged 31.1%, versus a decline of 17.2% for the average international equity fund. For the three-year period ended October 31, the fund had dropped an average annualized 23.9%, while the peer group declined 12.7%.
Eaton Vance notes that Christensen most recently served as an equity research analyst covering Asia, Southern Europe, health services and medical products. Prior to joining the company in 2000, she was affiliated with Lloyd George Management Ltd., in its Hong Kong and London offices. At Lloyd George, Christensen was portfolio manager of Eaton Vance Emerging Markets Fund (ETEMX) from 1994 to 2000.
Lloyd George is the subadvisor to several Eaton Vance funds that invest outside the U.S., focusing primarily on emerging markets.