MONEY MANAGEMENT

Eaton Vance appoints senior relationship manager for new Tokyo office

Tetsuo Kushiya has joined Eaton Vance’s newly opened representative office in Tokyo as vice president, senior relationship manager, the company announced Monday.

In the new position, Mr. Kushiya will manage existing client and distribution partner relationships in Japan, for whom Eaton Vance (EV) is currently managing $6.5 billion in assets, said Robert White, the firm’s Singapore-based president of Eaton Vance Management (EV) (International) Asia.

Mr. Kushiya comes to Eaton Vance from Mizuho Securities in Tokyo where he served as director of the alternative fund promotion department. A Mizuho spokesman couldn’t immediately be reached for comment.

Mr. White, in an email, said Eaton Vance will look to expand the Tokyo office’s scope of business by filing for an investment agency and advisory license, which will open the door for engaging in sales and marketing activities “with licensed discretionary investment managers.”

In a news release, Tjalling Halbertsma, managing director, Eaton Vance Management (International), and head of sales and distribution outside the U.S., said Eaton Vance’s floating-rate bank loan strategies have attracted strong interest from institutional clients in Japan, and demand for other strategies as well, including “core fixed income, U.S. municipal fixed income, high yield, global macro, structured emerging markets and global equities.”