New Head of research for BNP Paribas Peregrine

Jeff Kung leaves the buy side to run BNP Paribas Peregrine''s Asian equity research department.

Most analyst moves tend to be from the sell side to the buy side. But in a contrarian move, Jeff Kung is leaving the embrace of Fidelity Investment Management to join BNP Paribas Peregrine.

At the French investment bank he will become regional head of company research, overseeing country and sector equity research for non-Japan Asia. He will work closely with Raymond Foo who runs the bank's strategy and economic research. He reports to Christophe Grosperrin, head of Asia securities.

Kung joins the bank after nine years with Fideltiy. During that time he ran the fund house's regional research team for three years and also worked on institutional portfolio management for...

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