London & Capital has appointed Sanjay Joshi as senior portfolio manager on its fixed income team.
In addition to directing the team, Joshi will be responsible for overseeing portfolio construction, asset allocation and the company's new UCITS income funds offering. He reports to chief investment officer, Ashok Shah.
Joshi joins from F&C Asset Management where he co-managed a fixed income hedge fund, but his appointment at London & Capital marks a return to the company. Between 2002 and 2006 he was a portfolio manager supporting CIO Shah.
"We are delighted to see Sanjay return," Shah says. "The appointment sends a clear message to our stakeholders and underlines the ambition we have at London & Capital to maintain a strong fixed income presence.
"The asset class has always played an important role at the heart of our client portfolios, and has made a significant contribution to our long-term performance track record, delivering our clients an annualised return of some 10% per annum.
"We are excited to see Sanjay's contribution to clients and to the company's investment performance this time around as he draws on his newly acquired experiences and unquestionable talent."
