Bandish Gudka - Spear's Magazine

Bandish Gudka

LGT Vestra

Bandish Gudka
City
London
Category
Wealth Managers 2018
Company Size
International

Top Ten HNW Wealth Managers

Bandish Gudka has enjoyed yet another record year at LGT Vestra, having built his book from scratch to nearly £300 million since joining seven years ago. He’s picked up £58 million in the past year alone – the highest growth in assets at the firm in 12 months.

A partner of the £10.5 billion AUM firm, Gudka is particularly experienced working with HNWs and UHNWs from emerging markets, including many Tier 1 investors, upon which topic he has contributed to several government consultations. ‘The markets have been relatively choppy,’ he says. ‘We took a very conservative approach and our clients’ portfolios have barely felt it.’

Gudka tells Spear’s that many of his clients – particularly the younger generation – are starting to discuss impact investing. ‘I mean, what is return really?’ he asks rhetorically. ‘With a carefully chosen investment portfolio, we can put the money to work so that it’s actually helping others, or sustaining the planet. Return is not only investment return.’

Gudka does a lot of next-generation relationship work (‘I think it’s important to engage and educate the people who are going to be the beneficiaries of a legacy’) and believes there will be a surge of interest in sustainable, ethical investments.

An award-winning sitarist who has played for the Queen, Gudka has climbed Kilimanjaro (without water) for a water charity – and speaks seven languages.



 

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