Eaton Vance Australia has appointed Ty Thurgood as its new director of institutional business development across Australia and New Zealand.
Mr Thurgood had departed his role leading Nomura Asset Management as its managing director, where he re-established the firm’s Australian office after its 25-year absence from the region.
In the new role he is being held responsible for identifying and developing relationships with pension funds, private banks, fund of funds, institutional investors, investment consultants and other investors in both Australia and New Zealand.
Mr Thurgood reports to Chris Briant, chief executive, Australasia, Parametric Portfolio Associates, an Eaton Vance Corp affiliate.
Mr Briant commented: “I am delighted to welcome Ty to our growing Eaton Vance Australasia team.
“His extensive experience increasing business in Australia with high levels of service and efficiency will ensure we meet client demand and further our commitment to providing deep and comprehensive insights to our clients, as we build customised, advanced portfolios.”
Eaton Vance reported its Australian office currently oversees more than $10 billion for clients.
Mr Thurgood has joined the company with more than 25 years of experience in the financial industry.
Prior to Nomura, he spent six years at Russell Investments Australia as head of new business and senior business development manager.
He had previously worked for BNP Paribas Securities Services in senior business development roles.
Mr Thurgood is based in Sydney.
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
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