Eaton Vance Bolsters Presence in Singapore

BOSTON, Sept. 29, 2016 /PRNewswire/ -- Eaton Vance Management (Eaton Vance), a subsidiary of Eaton Vance Corp., announced today the expansion of its Singapore-based subsidiary, Eaton Vance Management International (Asia) Pte. Ltd. ("EVMIA") with the hiring of Shivramakrishnan (Shiva Iyer), CFA, as Vice President and Senior Global Income Trader. Mr. Iyer is responsible for identifying, recommending and executing trades for Eaton Vance's global income and other strategies. His role also includes monitoring Asian financial markets and following political and economic developments in the region.

Mr. Iyer joins Eaton Vance from Goldman Sachs in Singapore, where he focused on foreign exchange and fixed income sales and trading. He was previously an Assistant Vice President and Global Trader at Eaton Vance in Boston and held positions at Pacific Investment Management Company (PIMCO), SKS Microfinance and Infosys Technologies Ltd. He graduated from University of Pune, India with a BE in chemical engineering and earned a MBA with an emphasis on finance at Texas A&M University. He has earned the Charted Financial Analyst designation.

"We are excited to have Shiva back. He has demonstrated his skill as a trader with a strong understanding of Asian markets," said Michael O'Brien, Vice President and Director of Global Trading, Eaton Vance. 

"Shiva provides the global income team with a vital physical presence in the region, expanding our global trading capabilities from Boston and London to Asia," said Michael Cirami, Co-Director of Global Income, Eaton Vance.

The office in Singapore was established by Eaton Vance in 2012 to conduct fund management and pursue distribution opportunities in Asia. EVMIA is active across the region, representing a number of key Eaton Vance capabilities, including fixed and floating-rate income, absolute return and equity strategies. Eaton Vance is a leader in managing floating-rate bank loan strategies for institutional clients in Japan.

"Shiva rejoining the company bolsters Eaton Vance's positioning to manage assets and serve clients in the Asia-Pacific region," said Eric Stein, Co-Director of Global Income, Eaton Vance. "We now have global investment, trading and business development capabilities based in the region, enabling us to surface investment ideas for our clients around the world."

Eaton Vance (NYSE: EV) is a leading global asset manager whose history dates to 1924. With offices in North America, Europe, Asia and Australia, Eaton Vance and its affiliates managed $334.4 billion in assets as of July 31, 2016, offering institutions and individuals a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information, visit eatonvance.com.

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SOURCE Eaton Vance Corp.