Michael Deich, Cfa
About Michael Deich, Cfa
Michael Deich, CFA, serves as Vice President and Credit Research Analyst at Eaton Vance, specializing in high-grade and high-yield bonds in the media, telecom, food/tobacco, and healthcare sectors. He has over a decade of experience in credit research and a strong educational background in business and finance.
Work at Eaton Vance
Michael Deich has been employed at Eaton Vance since 2013, currently holding the position of Vice President - Credit Research Analyst. His role focuses on credit research within the Global Media, Telecom, and Non-cyclicals sectors. He has been instrumental in generating alpha by identifying strong corporate investments in historically out-of-favor markets. Deich's responsibilities also include business development, where he quantifies the addressable market and competitor funds for the emerging market corporate bond fund product. He was promoted to Vice President on November 2, 2015, after serving as Assistant Vice President.
Education and Expertise
Michael Deich earned a Bachelor of Science in Business Administration with a focus on International Business and Finance from Drexel University's Lebow College of Business, completing his studies from 2000 to 2005. He further advanced his education by obtaining a Master of Business Administration from Carnegie Mellon University's Tepper School of Business between 2013 and 2016. His expertise lies in recommending high-grade and high-yield bonds, particularly in the media, telecom, food/tobacco, and healthcare sectors.
Background
Before joining Eaton Vance, Michael Deich worked at Blackrock as an Analyst in the Portfolio Analytics Group for one year, from 2005 to 2006. He then transitioned to One Communications, where he served as a Financial Analyst in Corporate Development from 2006 to 2008. Following this role, he returned to Eaton Vance as a Senior Associate in Equity Research, where he worked from 2008 until 2013. His diverse background in finance and analytics has contributed to his current role in credit research.
Achievements in Credit Research
Michael Deich has a proven track record in credit research, particularly in generating alpha through strategic investments. He has successfully identified solid corporate opportunities in historically out-of-favor countries, such as a Russian telecom carrier and a Turkish beer brewer. His analytical skills extend to evaluating convertible bonds by leveraging his equity research background, which involves analyzing stock market signals, sentiment, trading multiples, analyst estimates, and discounted cash flow valuations.