Patricia Ntozi-Obwale

Dr Patricia Ntozi-Obwale PhD

Senior Lecturer

Dr Patricia Ntozi-Obwale is a researcher and senior lecturer in finance. She holds a Bachelor of Statistics from Makerere University (Uganda) and an MSc Finance and PhD Finance from Strathclyde University. Before joining the University of Greenwich, Dr Ntozi-Obwale was a lecturer at the University of Dundee and a teaching assistant at Strathclyde University. Dr Ntozi-Obwale has also worked with the central bank of Uganda and a commercial bank.

Dr Ntozi-Obwale's research has focused on performance of UK unit trusts, using conditional market timing and selectivity measures of performance. This research incorporates economic variables that have correlations with UK stock returns in the fund performance models. Dr Ntozi-Obwale's research has mostly been quantitative but she is also interested in qualitative studies among fund managers to understand their perspective of performance and their application of finance theory.

Responsibilities within the university

Teaching and administrative activities

  • Finance for undergraduate students
  • Financial Management for Master's students
  • Financial Quantitative Methods and Research Methods for undergraduate students
  • Foundations of Scholarship
  • Lecturer on finance and research methods courses
  • Research on topics of finance
  • Supervision of Master's and MPhil dissertations.

MPhil/PhD supervision

  • MPhil and PhD supervision in various finance research topics.


  • Fellow of the Higher Education Academy (FHEA)
  • External examiner at London Metropolitan University
  • External examiner at Makerere University (Uganda)

Research / Scholarly interests

  • Conditional market timing and selectivity of UK unit trusts.
  • Arbitrage bounds and UK unit trust performance.
  • Qualitative research and surveys with fund managers to find out what makes them exceptional and their use of finance theory.

Recent publications

Book section

Decker, Olufemi and , Ntozi-Obwale, Patricia (2021), Basel Recommendations on Corporate Governance Principles for Banks. Palgrave. In: , , In: Samuel Idowu, René Schmidpeter, Nicholas Capaldi, Liangrong Zu, Mara Del Baldo, Rute Abreu (eds.), Encyclopedia of Sustainable Management. Palgrave, . ISBN: 9783030020064 (doi: