BNP Paribas Exane, a unit of BNP Paribas that provides equity research, appointed five senior research analysts to its U.S. analyst team, including Moses Sutton as head of clean energy research, Sam McHugh as head of telecom equity research, Stefan Slowinski as global head of software research, Andrew Buscaglia as senior analyst for U.S. industrial technology and Kevin Grundy senior analyst for U.S. beverages and household products.
Sutton will lead the clean energy and infrastructure research team for BNP Parbias Exane. Sutton joined the firm from Wellington Management, where he covered global renewables. Previously, he was a research analyst at Barclays, where he built and led the No. 2-ranked institutional investor team in alternative energy.
McHugh will focus on growing BNP Paribas’ U.S. telecoms and media coverage while also taking on enhanced responsibilities as a global coordinator for telecom research. McHugh has been with BNP Paribas Exane for eight years and was previously based in London, where he was the sector head for telecom research. McHugh has consistently been ranked the No. 1 European telecom services analyst by Institutional Investor. Prior to joining BNP Paribas Exane in 2015, McHugh spent five years at Sanford Bernstein on the European telecom research team.
Slowinski will lead the coverage on large cap U.S. software and internet stocks and coordinate BNP Paribas Exane’s global technology research product. Slowinski has been with BNP Paribas Exane for more than six years, consistently earning recognition as a top European software analyst by Institutional Investor. Prior to BNP Paribas Exane, he was the head of research at Haitong Securities for Europe and LATAM, and deputy global head of equity and credit research at Société Générale. He was also a founder and managing partner of INOX Global Capital Management.
Buscaglia will cover diversified industrial IoT applications, including automation equipment, instrumentation and sensors. Buscaglia has been covering the industrials sector since 2011 and joined BNP Paribas Exane from Berenberg, where he was a senior analyst and U.S. industrials sector head. Prior to Berenberg, Buscaglia was a senior analyst at Credit Suisse, covering environmental services and industrial distribution. Previously, Buscaglia was a research associate on the semiconductor devices team at Canaccord Genuity.
Previously, Grundy was an equity research analyst at Jefferies for more than 10 years, and before that, he held a similar position at Morgan Stanley. Grundy also worked at J.P. Morgan and UBS as an equity analyst for more than four years combined.
Sutton, McHugh, Slowinski, Buscaglia and Grundy all will report to Michael Rietbrock, director of equity research in the Americas for BNP Paribas Exane.
“We are focused on being the leading European bank for our global clients and offering new and innovative services to help them in the current marketplace,” Adil El Batji, head of global equities in the Americas at BNP Paribas, said. “Today’s appointments deliver on this ambition and are also another step in building out our BNP Paribas Exane U.S. research. Global Equities continues its growth story in the U.S. by providing clients a full value chain across research, financing, execution and derivatives.”
“We welcome Moses, Sam, Stefan, Andrew and Kevin to the U.S. BNP Paribas Exane team,” Rietbrock said. “It’s an exciting time to join the platform, and their contributions will further expand our global equities offerings to institutional clients. We’re very proud to have such talented analysts and look forward to offering BNP Paribas Exane’s unrivalled services to our clients.”
In addition to the new hires, BNP Paribas Exane plans to expand its coverage from 275 U.S. stocks today to more than 500 U.S. stocks by 2025, with an initial focus on the technology, media, and telecommunications; consumer; healthcare; and industrials sectors. BNP Paribas Exane today covers more than 966 stocks globally.
