AllianceBernstein

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  1. AllianceBernstein adds 2 to DC practice

    truestrong>Mark Brown was named managing director for defined contribution products at AllianceBernstein.

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  1. AllianceBernstein sees rebuilding efforts paying off

    trueAllianceBernstein LP appears to have dug itself out of the hole it's been in since the global financial crisis, reporting its highest quarterly institutional net inflows during its second quarter since 2007.

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  2. AllianceBernstein assets advance 5.7% in quarter

    trueAllianceBernstein reported $480.2 billion in assets under management as of June 30, a 5.7% increase from the previous quarter and up 10.5% from a year earlier.

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  3. AllianceBernstein chooses global head of product strategy

    trueRobert Hostetter was named global head of product strategy at AllianceBernstein.

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  4. AllianceBernstein AUM inches up 0.8% despite continued outflows

    trueAllianceBernstein had $454.1 billion in assets under management as of March 31, a 0.8% increase from three months earlier and a 2.4% gain from a year earlier.

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  5. AllianceBernstein hires senior client service officer for DC business

    trueRoberta Matheny was named vice president and senior client service officer at AllianceBernstein.

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  6. AllianceBernstein chooses managing director for alternatives business

    trueMichael H. Conn was named managing director, strategy, operations and development, at AllianceBernstein, supporting the firm’s fund-of-funds business.

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  7. AllianceBernstein adds head of alternatives product management

    trueChristine Johnson was named senior vice president, head of alternatives product management, at AllianceBernstein.

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  8. AllianceBernstein adds co-head of North American institutional business

    trueRichard Davies was named senior vice president and co-head of North American institutional at AllianceBernstein.

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  9. Rhode Island makes changes to investment options for 529 plan

    trueRhode Island Higher Education Assistance Authority, Providence, approved changes to the state's 529 plan, CollegeBoundfund, at a meeting on Monday, confirmed Gail Mance-Rios, acting executive director, in an e-mail.

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  10. Managers see deeper emerging-market bond rout on rising rates

    trueWall Street’s biggest firms are predicting intensifying bond losses in emerging markets, where borrowing costs already have soared to the highest in more than four years vs. U.S. corporate debt, as the Federal Reserve considers curtailing record stimulus.

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  11. AllianceBernstein to buy equity shop W.P. Stewart

    trueAllianceBernstein has entered into an agreement to acquire W.P. Stewart & Co., according to Jonathan Freedman, a spokesman for AllianceBernstein. Upon completion of the acquisition, W.P. Stewart's investment strategies will be added to AllianceBernstein's equity offerings.

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  12. Marathon liquidated PPIP fund after earning Treasury 25% return

    trueMarathon Asset Management, one of nine firms selected in the credit crisis to manage a government-subsidized program to revive the mortgage-bond market, liquidated its fund after handing the U.S. Treasury a 25% return.

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  13. AllianceBernstein sees drop in AUM for quarter, but increase for year

    trueAllianceBernstein on Wednesday reported assets under management of $434.6 billion as of June 30, down 1.9% from three months earlier but up 6.7% from a year earlier.

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