Stewart Bennett has been appointed to lead the newly created role of Global Head of Alternatives.
Bennett will oversee BMO Global Asset Management’s newly formed Global Alternatives offering, incorporating its existing private equity, real estate and real estate securities businesses, which will provide investors with a broader range of innovative real asset investment solutions.
Based in London, he will develop and execute BMO Global Asset Management’s alternative investments global growth strategy, building on the track record of delivering superior risk-adjusted returns by effectively leveraging synergies across the three businesses and significantly expanding its reach globally.
Kristi Mitchem, CEO of BMO Global Asset Management, comments, “we have significant strengths in direct property investment, real estate securities and private equity, and see alternative investments as a major growth area for the business globally. Combining our alternatives expertise into one structure will enable us to best meet client demand and drive our growth ambitions. In Stewart, we have a highly experienced financial services professional who has been given a mandate to develop and execute an evolved and expanded strategy, through an understanding of our clients’ alternative investment needs and by building and providing world leading capabilities. We are very much looking forward to working with him at this exciting time in BMO Global Asset Management’s trajectory.”
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