Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

L&G hires ex-Gulf International Bank CIO as emerging market debt head

Legal & General Investment Management has hired Uday Patnaik as head of emerging market debt in the multi-strategy fixed income team.

As the firm’s first EMD sovereign specialist, he will be able to support Martin Reeves on the Dynamic Bond Trust following the departure of high profile manager Dickie Hodges.

Patnaik will report to Anton Eser, deputy head of global fixed income and has been tasked with building L&G’s emerging market debt capability.

He has more than 25 years’ experience in the emerging market debt sector and was most recently chief investment officer at Gulf International Bank, where his main responsibility was managing the flagship EMD hedge fund. Prior to GIB he worked as an emerging market debt trader at Bear Stearns and Merrill Lynch.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter