Michael T. DiMarsico was named senior relationship manager at Federated Investors, spokesman Ed Costello said in an e-mail.
The position is new. Mr. DiMarsico is responsible for creating and maintaining relationships with institutional clients. He will report to Paul Uhlman, executive vice president and national sales director at Federated.
Mr. DiMarsico was head of quantitative due diligence at Merrill Lynch. It could not be learned by press time whether he was replaced. Bank of America Merrill Lynch spokeswoman Ferris Morrison did not return a phone call.
