Eaton Vance Management International (EVMI) has appointed Duncan Hodnett as director, Institutional Business Development for its Australian and New Zealand division.
Hodnett commences the role based in Sydney, in December and will report to EVMI managing director Nial Quinn, based in London.
"With 15 years of experience in the European and Australian investment management industry, we believe Duncan is the right person to drive our growth strategy in this very important region for Eaton Vance," said Quinn.
The appointment will see Hodnett move from his current role at EVMI as director Institutional Business Development, Europe to represent the investment strategies offered by EVMI and Hexavest in the Australian and New Zealand region.
Prior to his four year tenure at EVMI, Hodnett worked as senior vice president, UK institutional sales and consultant relations at Macquarie Bank and BT Investment Management before that.
Current director of EVMI's Australian effort Nicholas Allen will leave his position as managing director country head for Australian and New Zealand to return to his own advisory business Allen Partners.
US based Eaton Vance has been building its presence in the Australian and New Zealand region for the past five years, with its affiliate manager Parametric, and partner firm Hexavest and currently manages over $5.2 billion on behalf of locally-based clients.