AllianceBernstein scoops 35 Lipper awards
Nine AllianceBernstein funds, spanning the fixed income, equities, emerging markets and technology sectors, won a total of 35 top honours in Europe, Asia and the U.S. at this year’s Lipper awards.
In Asia, where the firm commands a leading fixed income market share in multiple markets, AllianceBernstein’s Global High Income was recognized as the Best Global Bond Fund in Japan for the second straight year.
In Hong Kong, Singapore and Taiwan, AllianceBernstein’s International Technology Portfolio and Emerging Markets Debt Portfolio won top honours for the equity sector information technology and bond emerging markets global categories.
AllianceBernstein’s American Income Portfolio was recognized for its longstanding consistent risk-adjusted performance and was awarded best-in-class honours for performance over the 3-, 5- and 10-year periods in Singapore and for the 10-year period in Hong Kong.
Additionally, AllianceBernstein was named the Best Bond Group in Japan – an award given to the fund family in the region with the highest average risk-adjusted returns among all of its fixed income funds.
In Europe, AllianceBernstein equity and fixed income funds were recognized for top 3- and 10-year performance. Its Global High Yield fund was recognized by Lipper for best-in-class 10-year performance, its European Income fund won best-in-class 3-year performance and its International Technology fund won for best-in-class 3-year performance in the equity sector information technology category.
In total, AllianceBernstein’s European funds won awards in more than seven countries.
Additionally, Lipper’s 2012 Market Review determined AllianceBernstein’s American Income Portfolio the top-selling bond fund in Europe in 2012 and its Global High Yield Portfolio the continent’s largest High Yield Fund in 2012 measured by assets under management.
In the US, AllianceBernstein’s Discovery Growth and Small Cap Growth equity offerings were recognized for best-in-class 3-year performance out of a field of more than 200 competing funds. Among its fixed income offerings, High Income Fund won best-in-class performance for the High Yield funds category for the 10- year period out of a field of more than 100 competing funds.
“We’re committed to serving the long-term needs of our clients, as well as providing innovative solutions that address the more immediate challenges of recent market cycles,” said Bob Keith, head of AllianceBernstein’s Client Group.
The Lipper Fund Awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. Lipper, a Thomson Reuters company, uses the Lipper Leader for Consistent Return methodology to designate award-winning funds in most individual classifications for the 3-, 5-, and 10-year periods.