AB fixed income outperforms benchmarks
Innovation and strong performance has helped almost 90 per cent of AllianceBernstein's (AB's) fixed income assets in services outperform their benchmarks for the three and five-year period through 30 September, 2016, the firm announced.
On the equities side, the firm has broadened the platform from its value and growth origins to incorporate services that addressed clients' needs for downside risk protection, income, and stable alpha, while at the same time committing to its high conviction investment discipline.
AB made these announcements as it begun its year-long celebration of its 50th anniversary.
AB chief executive and chairman, Peter Kraus, said part of the firm's mission was to evolve with clients and to recognise that their clients' needs would always be changing.
"From Bernstein's focus as a preeminent value equity service provider to Alliance Capital's prowess as a growth equity manager, we have evolved to offer clients a broad spectrum of investment solutions that meet their needs throughout market cycles — as well as the highest calibre of independent research," Kraus said.
AB chief executive Australia, Jen Driscoll, said the anniversary was an important milestone.
"Our aim is more than ever to make our clients in Australia feel that, when they work with us, they have become part of a tradition of integrity, trust and financial success," she said.
Recommended for you
Australian equity ETFs attracted record inflows of $3.2 billion in 1Q25, while heightened volatility led to a decline in flows for global equity ETFs, according to Vanguard.
The failure of a clinical trial by biotech firm Opthea has caused shares in its backer Regal Partners to decline 52 per cent year-to-date and hit its funds under management, quarterly flows show.
GQG Partners has revealed its quarterly flows for the first three months of 2025 were up 5.8 per cent, after a difficult final quarter of 2024 as a result of institutional redemptions.
Global asset manager Janus Henderson has signed a strategic partnership with life insurer Guardian Life, which will commit US$400 million to accelerate the firm’s fixed income development plans.
