AllianceBernstein (AB) will convert its Luxembourg-domiciled Ucits portfolio AB FCP I into a Sicav structure, the AB Sicav I, on 4 May 2018, InvestmentEurope has learned. In a note to shareholders seen by InvestmentEurope, AB said the funds concerned by the conversion are the AB FCP I – European Equity Portfolio, the AB FCP I—Eurozone Equity […]
The InvestmentEurope London Forum 2017 has kicked off for locally based selectors serving both Continental European clients as well as the UK market. Five groups are participating, including Alliance Bernstein, First Trust Global Portfolios, Lord Abbett, New Capital – EFG Asset Management and Nordea Asset Management. Collectively, discussing issues such as how to apply a […]
Over 70 fund selector delegates from across Europe have gathered to take part in the InvestmentEurope Pan-European Summit Hamburg 2017, running 11-13 October in the northern German city. Taking place at the Hotel Sofitel Hamburg, the Summit brings together 16 asset management groups with key gatekeepers to present and discuss their views on asset classes […]
Over the last few weeks the fund markets have seen two major players in active fund management changing their views about the pricing models of their actively managed funds. Allianz Global Investors (AGI) (for three new funds in the US) and Fidelity (for its equity funds in Europe) announced they are moving the pricing of […]
Frank Caruso (pictured), CIO US Growth Equities, Vincent Dupont, co-portfolio manager US Large Cap Growth and Adam Yee, portfolio analyst Growth Research at AB Global, argue that the talk of earnings surprises has become increasingly exaggerated. In the game called the quarterly earnings season, positive surprises have become so commonplace among US large-cap stocks that they’ve […]
AllianceBernstein (AB) has launched the Multi-Strategy Alpha and Diversified Equity Alpha alternative Ucits funds, to combine multi-manager ideas with daily liquidity. The Multi-Strategy Alpha fund will invest in long/short equity, special situations/opportunistic, relative value credit and global macro strategies. The Diversified Equity Alpha fund is a global long/short fund. The funds will use the expertise […]
Ton Wijsman, senior portfolio manage, Concentrated US and Concentrated Global Equity Services, at AB will join InvestmentEurope‘s Fund Selector Forum Italy in Milan to discuss his approach to selecting US equities. “Predicting the future with certainty is difficult, but in our approach we try to find companies that can grow earnings consistently and predictably over a […]
French insurer group AXA has published figures of its asset management subsidiaries AXA IM and AllianceBernstein (AB) for the first half of 2015. AXA totalled €1,152bn of assets under management, up 9% yoy, of which €694bn are managed by AXA IM and €459bn by AB. The group explained that the growth is primarily due to […]
Jeremy Cunningham, senior portfolio manager – Fixed Income at AB, will present on short duration high yield at InvestmentEurope‘s Fund Selector Bond Focus Italy in Milan. As interest-rate cycles start diverging and credit spreads have continued to compress, some fixed-income strategies may face stiff challenges. We see clear merits in a diversified and flexible global approach that targets positive […]
Mark Phelps, head of Concentrated Global Growth at AB, will join InvestmentEurope‘s Pan-European Fund Selector Summit in Hamburg. Reviewing the long term academic evidence supporting the case for building concentrated equity portfolios shows that concentrated managers provide better returns over the long run and that investors should look for managers with high active share, Phelps […]
Jeremy Cunningham of AllianceBernstein discussed the different risk points along the fixed income spectrum at the recent InvestmentEurope Fund Selector Forum in Geneva.
It’s easy to spot a bubble after it bursts. Just follow the carnage—significant, and sometimes complete, losses for investors. It’s not so easy to pinpoint a bubble beforehand, but many are convinced that there’s too much air rushing into high-yield bonds today.