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March 2, 2017

Eaton Vance Asia Pacific opens new Tokyo office

Eaton Vance Asia Pacific, a subsidiary of Eaton Vance Management (EVM), has opened a new representative office in Tokyo, Japan.

By Verdict Staff

Eaton Vance Asia Pacific, a subsidiary of Eaton Vance Management (EVM), has opened a new representative office in Tokyo, Japan.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

The new office will provide relationship management and client service support to existing clients in Japan and other parts of Asia.

Eaton Vance said that Tetsuo Kushiya, who recently joined the company’s Asia Pacific business as vice president and senior relationship manager, will be responsible for managing existing client and distribution partner relationships in Japan.

He will also join forces with investments teams and business development, consultant relations and relationship management professionals across the firm to support Japanese clients and distribution partners investing in floating-rate loans.

Kushiya will report to Robert White, president of Eaton Vance Management (International) Asia, EVM's Singapore affiliate.

Prior to this new role, Kushiya has worked at Mizuho Securities, where he was director of the alternative fund promotion department. At Mizuho, he was responsible to support the sale of investment strategies offered by third-party investment managers, including Eaton Vance's floating-rate loan strategy.

He also held various roles in Mizuho, including Industrial Bank of Japan and IBJ Securities, which was merged Mizuho in 2000.

White said: "Mr. Kushiya will focus on developing strong relationships with clients and building internal partnerships to add value to existing client relationships and further enhance Eaton Vance's footprint in Asia. Eaton Vance expects to continue our Japanese expansion by filing for an Investment Agency and Advisory License and adding business development professionals over the next several years."

Eaton Vance Management (International) managing director and head of sales and distribution outside of the US TJ Halbertsma said: "Eaton Vance is a leader in managing floating-rate bank loan strategies for institutional clients in Japan.

"Among our other strategies, core fixed income, U.S. municipal fixed income, high yield, global macro, structured emerging markets and global equities have continued to experience demand from investors in the region.

"Through our local Japanese partners, we have been serving clients in the Japanese institutional market since 2000."

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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