BennBridge hires experienced industry leader Doug Stewart as CEO
BennBridge UK and Europe, the multi-boutique investment business, has hired experienced asset management leader Doug Stewart as CEO.
In his role, Stewart will lead BennBridge in the next phase of its European expansion, focusing on growing the increasingly popular multi-boutique partnership model and widening client access to world-class investment talent.
Globally, BennBridge is part of the BFM Group, an investment company that partners with a growing number of high-calibre boutiques. The Group provides investors with access to specialist, active strategies encompassing UK, Asian, Australian, emerging markets and global equities, as well as listed global infrastructure and real estate.
In the UK, BennBridge’s partnerships include Tellworth Investments, BambuBlack Asset Management, Pembroke Emerging Markets and, most recently, Skerryvore Asset Management.
Stewart joins BennBridge from OppenheimerFunds, where he was CEO and head of EMEA for OppenheimerFunds’ European business from 2016. During his three-year tenure, he was the driving force behind the group’s international expansion into EMEA, including setting up a London office and building the team and operating model.
Prior to this, Stewart was managing director, EMEA Client Group, at AllianceBernstein. He spent 15 years at the group, building its business and offering globally.
Stewart will report to Craig Bingham, CEO of Bennelong Funds Management, the Australian arm of the BFM Group.
Bingham said: “We are extremely pleased to have hired someone of Doug’s calibre to lead BennBridge. Doug, who has a proven track record in building asset management businesses, understands the compelling long-term characteristics of the multi-boutique model and is the perfect leader for BennBridge as it embarks on its next phase of growth.”
Doug Stewart, CEO of BennBridge, adds: “BennBridge’s model is becoming increasingly sought after by many highly-skilled investment managers from all corners of the globe. I believe in the power of active management and its ability to deliver exceptional long-term outcomes for clients, which is why I am thrilled to join BennBridge and help grow our footprint in the marketplace.”