Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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
Brewin's Gutteridge: the opportunities in UK challenger banks

Brewin's Gutteridge: the opportunities in UK challenger banks

In this week's podcast, Brewin Dolphin's Ben Gutteridge and Guy Foster, discuss opportunities in the global financials sector with Aptus' Johnny De La Hey.

Play Charles Tan on Woodford & hidden trust income gems

Charles Tan on Woodford & hidden trust income gems

Cantor Fitzgerald investment company analyst Charles Tan discusses Woodford Patient Capital and some of the income trusts slipping under the radar.  

Brewin's Foster: the world’s most unconventional monetary policies

Brewin's Foster: the world’s most unconventional monetary policies

In this week's podcast, Guy Foster asks why the world’s biggest economies are pursuing some of the world’s most unconventional monetary policies. 

Your Business: Cover Star Club

Profile: how Close Brothers gave power back to the regions

Profile: how Close Brothers gave power back to the regions

Almost a year into the role, Close Brothers Asset Management head of wealth management Andy Cumming has highlighted three keys areas of focus

Wealth Manager on Twitter