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Hedged global bonds could be answer to DC volatility problem
Many defined contribution plan sponsors are seeking solutions aimed at reducing undue volatility — excess volatility without a commensurate increase in return — that can prevent a plan and its participants from achieving their long-term objectives. Our research suggests hedged global bonds may be
DC plans need simpler menus, DCIIA study finds
Defined contribution plan executives need to simplify investment lineups but still focus on participants' investment styles, DCIIA study suggests.
AllianceBernstein's assets tick up 3.1% in quarter, 5.8% in year
AllianceBernstein had $443.2 billion in assets under management as of March 31, a 3.1% increase from three months earlier and a 5.8% gain from the first quarter of 2011.
AllianceBernstein EMEA client director departs
Richard Haxe, senior managing director and co-head of the client group for Europe, the Middle East and Africa at AllianceBernstein, is leaving the company.
AllianceBernstein rides market gains to 2.9% Q3 asset boost
AllianceBernstein on Wednesday reported $418.9 billion in assets under management as of Sept. 30, up 2.9% from the previous quarter and 4.2% higher than the previous year.
AllianceBernstein liquidates Public-Private Investment Program fund for Treasury
AllianceBernstein on Tuesday liquidated its Legacy Securities Fund, part of the U.S. Treasury's Public-Private Investment Program.
Alternatives client-service duo joins AllianceBernstein
George Yepes and Jeff Saltzman have joined AllianceBernstein as managing directors and alternatives specialists.
Bridgewater adds Nagaswami as senior strategist
Ranji H. Nagaswami, who had been adviser to the $122 billion New York City Retirement Systems, was hired by hedge fund manager Bridgewater Associates to serve in a “senior strategist role.”
U.K. Pension Protection Fund picks 10 bond managers for preapproved list
Pension Protection Fund, London, named 10 fixed-income managers to a preapproved panel to run a variety of strategies, confirmed Richard Hunt, spokesman for the £12 billion ($18.8 billion) fund.
Vanguard taps 3 to replace AllianceBernstein as value equity subadviser
Vanguard Group on Thursday announced it terminated AllianceBernstein as a subadviser of more than $5 billion in value equity assets for three of Vanguard's multimanager offerings.
AllianceBernstein's earnings go as forecast; outflows subside
AllianceBernstein on Thursday reported adjusted diluted net earnings per share of 24 cents for the quarter ended June 30, in line with the consensus estimate of analysts.
AllianceBernstein renews CEO Kraus' contract
Peter Kraus will remain chairman and CEO at AllianceBernstein through at least Dec. 31, 2018, after a five-year renewal of his current contract.
S&P downgrades AllianceBernstein's credit ratings
Standard & Poor's Rating Services lowered its issuer credit ratings on AllianceBernstein on the back of continued net outflows, even as the ratings agency confirmed the firm's financial risk profile remains sound.
AllianceBernstein senior VP adds alternatives business strategy title
Christopher Bricker, a senior vice president and head of product development at AllianceBernstein, has taken on the additional role of head of alternatives business strategy.
PPIP report offers chance for direct comparison of money managers
Seven of the remaining remaining eight PPIP fund managers have earned double-digit net internal rates of return during the approximate 2.5 years of the program, a government report shows.