A round-up of the latest positions for those in finance, covering investment markets worldwide
BNP Paribas has expanded its high-grade credit research team with the appointment of Eli Lapp from HSBC Securities in New York.
Lapp, who becomes a senior high-grade credit research analyst, will be responsible for coverage of telecoms, cable and media sectors. He will report to Joseph Labriola, head of high-grade research in the US at BNP Paribas.
Lapp joins the company from HSBC Securities, where he worked as a managing director in fixed income research, covering the telecoms, cable and media sectors.
HSBC has lost a number of staff in recent weeks following perceived problems in its investment banking business.
Merrill Lynch is bringing one of the best known debt market figures to Europe to boost its profile with key clients. Jim Qugiley, a veteran of the Wall Street bond market and head of client strategy for Merrill's global debt business, will come to London in May to spend three months meeting borrowers and investors on the Continent before returning to New York in September.
Edmund Lacis, a mutual fund veteran, has been appointed to Pioneer Investments, the US mutual fund group owned by Italy's Unicredito Italiano, to head its Asian expansion.
Lacis has joined Pioneer as regional head for international sales and distribution in Asia. In his new capacity, he will be responsible for growing Pioneer Investments' mutual funds and alternative investments business throughout the region.
Lacis, who was most recently regional director for Asia at Janus International, will report to Eric Pinn, Pioneer's head of international business development.
Previously, he was instrumental in building Fidelity Investments' business in Asia.
Lacis will focus initially on the distribution of the Luxembourg-based Pioneer Funds in Asia. Pioneer Fund, Pioneer's flagship, is the fourth oldest mutual fund in the US.
Napier Scott, the capital markets specialist headhunter, has recruited Christopher Scott to lead searches for credit and government bond trading operations.
Before becoming a headhunter, Scott worked as a trader at Morgan Stanley Dean Witter and Merrill Lynch, as well as BNP Paribas.
He moves from Tokyo Mitsubishi International, where he ran the European government and eurobond books.
Shaun Springer, Napier Scott's CEO, said Scott's arrival would fit well with other recent hires, giving the company complete coverage of all functions and products in the debt and credit markets.
Banc of America Capital Management has names David Stanley as portfolio manager and European specialist within its fixed income investment team.
With the appointment, the company is hoping to boost its presence in the UK and Europe.
Stanley, who will be based in London, will be the group's primary fixed income associate in the UKL and will be responsible for the analysis of international corporate bonds and cash investments.
He will report to Ram Willner, managing director of global fixed income investments for Banc of America Capital Management.
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