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Ascot Lloyd replaces Cowley with Bentley in investment driving seat

National advice firm Ascot Lloyd has appointed Graham Bentley as chairman of its investment committee, replacing former Old Mutual Global Investors bond manager Stewart Cowley in the role.

Ascot Lloyd replaces Cowley with Bentley in investment driving seat

National advice firm Ascot Lloyd has appointed Graham Bentley as chairman of its investment committee. 

Bentley has replaced former Old Mutual Global Investors bond manager Stewart Cowley in the role. 

In the role Bentley (pictured) will help review Ascot Lloyd's centralised investment proposition. He is known as an investment consultant and has previously worked for Skandia and Henderson. 

It is the latest change at Ascot Lloyd, which recently merged with consolidator Bellpenny. In January the firm decided to become completely independent and scrapped the Bellpenny name. 

Unlike Cowley, Bentley will focus on the entire group's investment decisions and not just the discretionary fund manager Avellemy.

Steve Lloyd, Ascot Lloyd investment director, said Bentley's 'wealth of experience in multi-asset and multi-manager investments' would help the company develop its offering for clients. 

'I would also like to extend my thanks to Stewart who has done a great job in developing the Avellemy Investment Committee over the last two years, in which time we oversaw an increase in assets under management from £165 million to just short of £500 million.'

Lloyd will also sit on the committee with Bentley. The other members of are:

  • Peter Dalgliesh, Parmenion managing director;
  • Simon Brett, Parmenion director and chief investment officer;
  • Harry Garrett, Parmenion investment manager;
  • Tony Yousefian, Albemarle Street Partners investment manager.

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