OppenheimerFunds names EMEA distribution head
OppenheimerFunds has named Doug Stewart as head of its European, Middle East and Africa distribution.
The appointment supports the
growth of OppenheimerFunds’ international platform, which includes
the recent launch of an Ireland-domiciled UCITS-fund offering.
London-based Stewart will be
responsible for marketing and distribution efforts throughout EMEA.
He will report to Steve Paddon, head of institutional
& international at OFI Global Asset Management, a subsidiary of
OppenheimerFunds serving institutional investors.
Prior to joining
OppenheimerFunds, Stewart spent 14 years with AllianceBernstein.
“We are pleased to bring some of our most
compelling investment strategies to an international audience, to help meet the
needs of our evolving client base,” said Art
Steinmetz, chairman and chief executive of OppenheimerFunds.
“Expansion to non-U.S. markets
is a core element of our long term engagement with institutional investors,”
added John McDonough,
OppenheimerFunds’ head of distribution.
“We’re delighted to welcome
Doug to the team as we build our reach globally, and continue our focus on
developing long-term client-centric solutions that differentiate us in the
marketplace.
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