Press release

L&G grows Investments team in Asia

Uday Patnaik, Head of Asia Fixed Income and Global Head of Emerging Market Debt, relocates to Singapore, expanding local capabilities for the firm's growing client base.

24 Feb 2025


Full press release
Uday Patnaik

Legal & General (L&G) today announced the expansion of its Investments team in Asia with Uday Patnaik, Head of Asia Fixed Income and Global Head of Emerging Market Debt, relocating to Singapore, effective as of 1 January 2025.

Uday’s move to Singapore, one of the firm’s investment hubs, continues the globalisation of its leading fixed income capabilities with expert portfolio managers located in key locations worldwide to maximise the capture of investment opportunities and enhance expert risk management for clients. The expanded team further deepens local capabilities to deliver for the firm’s growing client base in Singapore and across the region.  

Uday first joined L&G’s Asset Management division in April 2014 as Head of Emerging Market Debt and has led the development of the firm’s emerging market debt capabilities within the Active Fixed Income team. Prior to this, he served as Chief Investment Officer at Gulf International Bank (UK) Ltd and held trading and institutional roles at Bear Stearns in London and Merrill Lynch in New York, respectively.

Colin Reedie, Head of Active Strategies and Co-Head of Global Fixed Income, Asset Management, L&G: “Uday’s relocation to Singapore continues the expansion of our investment capabilities in Asia and presence of our Active Fixed income expertise globally. Our clients value our collaborative global team approach, which brings together expert investors across locations to generate investment ideas and global perspectives for our fixed income portfolios.”

Natasha Mora, Managing Director, Asia, Asset Management, L&G: “We are thrilled to welcome Uday to our Asia team. He joins us at an exciting time as we continue to develop our footprint in the region to meet client demand for our high-quality fixed income investment solutions with different risk-return profiles to suit a range of investor needs.”

Further information

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LGIM PR Team

Notes to editors