Narayan Naik
Professor of Finance; Academic Director, Institute of Entrepreneurship and Private Capital
BTech (IIT, Bombay) MBA (IIM, Ahmedabad) PhD (Duke) (on leave from London Business School)
Narayan Naik is Professor of Finance at London Business School and is recognised as one of the leading experts in Investment Management in general, and hedge fund investing in particular. His research spans active investment strategies, benchmarking of active managers, tail-risk hedging, life settlements, and market microstructure, and has been published in leading academic and practitioner journals. His most recent work includes a co-authored report titled New Approaches to Climate Finance: Models for the Global South, which forms the basis of his Climate Finance and Investing elective. He sits on the Investment Advisory Boards of family offices in the USA, UK, Middle East, and India, and has appeared frequently on CNN, CNBC, Bloomberg, the BBC, and ITV as an expert finance academic.
Narayan's teaching at LBS encompasses Strategic Investment Management, Equity Investment Management, Hedge Funds, Wealth Management, FinTech, Climate Finance and Investing, and Project and Infrastructure Finance. He has also designed and taught bespoke courses in corporate finance, strategic investment, venture capital & private equity, and risk management for development banks and financial institutions worldwide.
Since joining LBS in 1991, Narayan has played a central role in the development of the finance group, serving as Director of the PhD Programme in Finance, Director of the Investment Management Programme, founding Director of the world's first Hedge Fund Research Centre and Academic co-Director of the AQR Asset Management Institute. He is currently Academic co-Director of the Institute of Entrepreneurship and Private Capital. Earlier in his career, he held roles at The Taj Group of Hotels and Special Steels, India and was a Consultant to the World Bank on feasibility of Hotel on the Mediterranean Coast.
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Academic and Professional Experience
Professor of Finance, London Business School (1991)
Academic co-Director, Institute of Entrepreneurship and Private Capital, London Business School (2023)
Co-Chair, Finance Department, London Business School (2016–2018)
Academic co-Director, AQR Asset Management Institute, London Business School (2015–2017)
Member, Programme Committee, Western Finance Association (1996)
Director, Hedge Fund Centre, London Business School (2008–2010)
Director, BNP Paribas Hedge Fund Centre, London Business School (2005–2008)
Director, Centre for Hedge Fund Research and Education, London Business School (2000–2005)
Director, Investment Management Programme, London Business School (1999–2004)
Visiting Chaired Professor of Hedge Funds, Oxford Man Institute, Oxford University (2013)
Member, Programme Committee, Inquire UK (1998–2006)
Director, PhD Programme in Finance, London Business School (1997–1999)
Associate Professor of Finance, London Business School (1998–2005)
Citibank Research Fellow, London Business School (1993–1996)
Assistant Professor of Finance, London Business School (1991–1997)
Chairman, Board of Trustees, Maharashtra Mandal London (2012–2013)
Board of Trustees, Maharashtra Mandal London (2009–2014)
Consultant, The World Bank (1987)
Project Manager, The Taj Group of Hotels, India (1982–1987)
Production Planning Executive, Special Steels, India (1980–1981)
Awards and Honours
Inquire UK Award for Best Paper, Inquire Europe Conferences (2008)
Commonfund Institute Best Paper Award, European Finance Association, Slovenia (2007)
Man Investments Award for Best Paper on Hedge Funds, European Finance Association, Zurich (2006)
Fauchier Partners' Award for Best Paper on Hedge Funds, European Finance Association, Glasgow (2003)
New York Stock Exchange Award for Best Paper on Market Microstructure, European Finance Association, Glasgow (2003)
Inquire Europe Award for Best Paper, Inquire Europe Conferences (2001)
Robert J. Schwartz Award for Best Paper on Hedging with Derivatives (2000)
New York Stock Exchange Award for Best Paper on Equity Trading, Western Finance Association, San Diego (1997)
Teaching portfolio
Our teaching offering is updated annually. Faculty and programme material are subject to change.