Martin Fridson has departed BNP Paribas SA’s investment manager as its global credit strategist.
Fridson left BNP Paribas Investment Partners Aug. 15, he said in a telephone interview today. Cesaltine Gregorio, a New York-based spokeswoman for France’s largest bank, confirmed the departure and declined to comment further.
The credit strategist is reviving his FridsonVision debt-research brand and will announce a distribution of content through another organization, he said in the interview. Fridson led Merrill Lynch & Co.’s high-yield strategy group until he left in 2003 to form FridsonVision LLC. At Merrill, he was the top-ranked high-yield analyst for nine straight years in Institutional Investor magazine’s annual poll.
BNP hired Fridson in 2010 after absorbing Fridson Investment Advisors, a joint venture between the strategist and the bank.