Patrick Lebourdais has joined Perennial Investment Partners as a senior equities analyst covering Japanese equities. Lebourdais has spent the last four years as vice president at Pioneer Investment Management in Singapore working on its Japanese equities fund.

Lebourdais will shift to Sydney to work for Perennial. He will be responsible for research for the firmÆs Japanese Equities Trust which has delivered a net annual return of 5.3% over the past five years compared to 2.2% per annum growth recorded by the MSCI Japan Accumulation Index.

The Japanese Equities Trust is one of six funds run by Perennial which it calls boutiques. ôWe are keenly pursuing our business objective of developing all of our global boutiques,ö says Anthony Patterson, the firmÆs managing director. Perennial has total assets under management of A$20 billion ($15 billion).

Lebourdais has 14 years of industry experience and has previously worked for Lazard, BT Alex Brown and ABN AMRO.

His new job with Perennial starts on November 1.