- Luiz Carvalho, Leonardo Correa, Luiz Fornari and Jonathan Brandt
HSBC announced it has added four equity analysts to its Latin America research team as part of the bank’s continued leadership in providing high quality emerging market research. The analysts will enhance coverage of the Latin American metals & mining and energy sectors.
“We are pleased with the range of expertise these professionals bring to their respective roles which will allow us to provide the global insights our clients have come to expect from us,” said Ben Laidler, Head of Research for the Americas. “This investment in the Latin America research platform will allow HSBC to deepen its coverage of these important sectors.”
Luiz Carvalho has joined HSBC as a Vice President responsible for covering the Latin America oil, gas, and petrochemicals sectors. Based in Sao Paulo, Carvalho brings a wealth of experience to this important role having worked in the oil & gas industry at Shell and Transocean. Most recently, he was an energy analyst at BTG Pactual where he was a member of the top Institutional Investor ranked energy research team in 2012. He is a graduate in industrial engineering from the University of Rio de Janeiro, and speaks English, Portuguese, and French. Filipe Gouveia has also joined HSBC as an Associate, from Barclays, to support Luiz Carvalho in oil & gas research coverage.
Based in Sao Paulo, Leonardo Correa has joined as a Senior Vice President responsible for covering the Latin America metals & mining sector. Correa is a well-established analyst in this key sector, and will be responsible for further enhancing the coverage of the sector. In this role, he will also serve as an important link into HSBC’s global sector coverage. He has eight years sell-side research experience. Most recently, he was the regional sector head at Barclays, where he was an Institutional Investor survey ranked analyst, and previously he was an analyst covering metals and mining at Credit Suisse. He is an Economics graduate from IBMEC University in Sao Paulo. Luiz Fornari has also joined HSBC as an Associate, from Barclays, to support Leonardo Correa in metals & mining research coverage.
Luiz Carvalho and Leonardo Correa will report to Ben Laidler, Head of Research for the Americas, and locally to Alexandre Gartner, Head of Brazil Equity Research.
Jonathan Brandt will transition from his current Latin America metals & mining role, to lead coverage of the pulp & paper sector in Latin America and Eastern Europe, Middle East, & Africa. This is a new sector of coverage for the firm, as HSBC looks to strengthen its natural resources coverage.
These key hires continue the expansion of HSBC’s Latin America research team, following the appointments earlier this year of Alexandre Falcao (Transport, Capital Goods, and Agribusiness), Sandra Boente (Utilities), and Francisco Schumacher (Southern Cone & Andean Strategy).
HSBC’s Latin America research team now consists of 25 senior analysts, equity strategists, and economists covering over 150 stocks across the region’s six main markets -Argentina, Brazil, Chile, Colombia, Mexico, and Peru - from research offices in Sao Paulo, Mexico City, Buenos Aires and New York City.