Bill Taki was named CEO of subsidiary Federated Investors Asia-Pacific, said Federated spokeswoman Meghan McAndrew. In addition, Bill Mukai was named managing director and head of Asia-Pacific client relationships and Hun Pil Yoe, managing director for South Korea.
The positions are new. Based in Chicago, the newly formed Asia-Pacific team will focus on the regional distribution of existing Federated investment strategies and growing strategic relationships with financial institutions within the region.
Mr. Taki will report to Gordon J. Ceresino, vice chairman of Federated Investors and president of Federated International Management Ltd. Messrs. Mukai and Yoe will both report to Mr. Taki.
All three executives come from Phoenix Global Capital Management. Mr. Taki was principal and CEO; Messrs. Mukai and Yoe were managing directors for Phoenix’s consulting business, Phoenix Sustainable Group. Phoenix Global is being wound down, Ms. McAndrew said.
Federated Investors had $365.9 billion in assets under management as of Dec. 31, $19 billion of which was invested outside the U.S.