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