We like to say that investment research is in our DNA. David Smith is the Analyst at Autonomous covering US Growth Banks. Rachel has been with Autonomous since the companys beginnings in 2009, initially as office manager before moving to corporate access full time. ESIGHT, our proprietary ESG research and collaboration platform, is a hub for fixed income and equity investment teams to access and share insights about issuers ESG practicesin real time. Current-Year Estimate Revisions. Before becoming a founding partner of Autonomous he worked at Merrill Lynch for ten years, in both London and New York. Our Tax Department delivers a full range of tax services across multiple jurisdictions, collaborating with all parts of the business. . But now we have an arb-able opportunity, with dealers using their balance sheet to support diversified risk transfers, which offer us an important way of sourcing beta. We seek to marry the big picture macro and thematic trends with bottom up stock picking we are not a think tank. AllianceBernstein Revenue $4.4 B FY, 2021 Market Capitalization $3.9 B 2022-12-13 Company summary Overview AllianceBernstein is a corporation that provides diversified investment management, research, and related services. The Research team generates independent insights across markets and sectors for institutional investment professionals. Learn more about AllianceBernsteinour clients and how we serve them, our research and investment services, our history and our worldwide presence. Business Development is a conduit to the firms investment teams and supports our clients and internal business partners through investment-platform and product content, messaging, competitive analysis, and education. Our research analysts evaluate a company's competitive position and probe market opportunities, developing an unbiased, in-depth perspective. Prior to joining Autonomous at its launch in 2009, Corinne headed the financials fixed income research team at RBS. Prior to Autonomous, he worked in corporate event planning as well as live event streaming. The Controllers Group includes Corporate Accounting, AUM Reporting, Financial Reporting, Broker-Dealer Accounting and Reporting, International Financial Controls, Accounts Payable, and Payroll. Investment research is an important part of our proud past, and will be a key source of our continued growth in the future. Whalen has headed trading since May 2009, and Karofsky joined in March of this year. We aim to be innovative and value-added for our clients, which will involve standing out from the crowd. Charlene is considered one of the leading experts on shadow finance in China and on the interlinkages between Chinas monetary and fiscal policy and the countrys sprawling financial system. Prior to transferring to Autonomous Research, John covered large-cap banks for the past decade at Bernstein, where he has been ranked among the top U.S. analysts in various industry polls, including the #1 ranking in Institutional Investor for 2018. He worked in Credit Suisse's Investment Bank strategy department through the financial crisis before moving to research in 2010. According to analysts' consensus price target of $40.25, AllianceBernstein has a forecasted upside of 3.1% from its current price of $39.03. Davids experience is across the credit spectrum from deeply distressed/stressed up through High Yield and Investment Grade. We recently hit four million messages a day, in terms of data coming into the fixed income desk, all of which helps traders make faster decisions. In 2019 we combined with Bernstein which allows us to broaden our depth of coverage and services, Bernstein AutonomousLLP60 London Wall, London EC2M 5SH, Sanford C. Bernstein & Co., LLC1345 Avenue of the AmericasNew York NY 10019, Sanford C. Bernstein (Hong Kong) Limited39th Floor, One Island East, Taikoo Place18 Westlands Road, Quarry Bay, Hong Kong. Alliancebernstein manages $721.8 billion and provides investment advisory services for 23,903 clients (1:55 advisor/client ratio). The earnings landscape looks eerily complacent at the start of the third quarter, said Chris Hogbin, head of equities at AllianceBernstein. Provides vital investment-management services through more than two dozen offices located around the world. We deliver our exclusive insights through a variety of research reports, including our renowned black books. Originated from its founder Sanford C. Bernstein in 1967, whereas Alliance was founded in 1971, the acquisition of Sanford C. Bernstein in 2000 gave this company the captioned name. It takes diverse expertise and skills to design, manage and support a broad span of investment solutions and market research for clients all over the world. Craigs coverage of the payment processing and speciality finance industries began in 2003, prior to which he covered mid-cap banks. Brown. Chris joined Autonomous in February 2022 and has spent over 20 years focused on the insurance sector across M&A, Equity Research and Equity Sales functions. such as the private wealth management business and sell-side research and trading, will . In the three months to the end of May, we executed around US$10 billion of portfolio trades, 25% of our high-touch volumes year to date. Bundle Description: This item may take up to 4 days of additional processing time. We like to say that investment research is in our DNA. The city of Bethlehem is not backing down on its bid to buy three churches and a parking lot in the city, officials said Tuesday. Before Merrill Lynch, Ed also worked for successful banks teams at Credit Suisse and JP Morgan. Brian started his career at KBW as an equity research analyst covering universal and large cap banks. Prior to UBS she held similar positions at Deutsche Bank, Bank of America Merrill Lynch, and The Royal Bank of Scotland. "[8], AllianceBernstein and Fidelity Investments took control of supermarket Winn-Dixie's parent company during the latter's 2018 bankruptcy. Kelsey holds a BA in Business Administration from Hong Kong University of Science and Technology, where she graduated in the top 1% of her class. AllianceBernstein provides investment management services to institutional (46% of assets under management), retail (38%), and private (16%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. AB AllianceBernstein Holding L.P. Wall St. Analysts Ratings & Price Target 14.98K followers $38.02 1.48 ( +4.04%) 1:36 PM 01/10/23 NYSE | $USD | IEX real time price Summary Ratings Financials. We don't put our interests at odds with your interests, whether you are an investment-management client or a client of our sell-side research unit, Sanford C. Bernstein. I dont think any asset manager wants to maintain 10-20 APIs to connect to their main sell-side counterparts, nor do dealers want to maintain different APIs to their 100 best clients. Before joining CPPIB Hayley worked at Nomura for five years in the Fixed Income FX Business Management Team. One observer said that even in the aftermath of the financial crisis, when assets under management were under siege, the buyside refrained from widespread layoffs in trading. Compared to the pre-crisis environment, today we no longer have sell-side prop desks, dealer inventory is substantially reduced, and hedge funds use less leverage. Nick joined Autonomous in Dec 2019, having started his career at UBS in 2003. He had worked with Karofsky at Deutsche. Other sellside execs who have gone to large buyside shops include Brian Conroy at Fidelity Investments and Michael Gitlin at T. Rowe Price. Prior to joining Autonomous, Greg was the global financials long/short equity PM at Highbridge Capital. Before joining Autonomous in 2010, Andrew spent five years on the buy-side as a European financials analyst most recently with Citadel Investment Group and prior to that with Blackrock. [25], AllianceBernstein's global headquarters are located in Nashville, TN at the Fifth and Broadway development, having recently moved from Midtown Manhattan in New York City. The quality of our network informs and enriches our research product and ideas. We believe that superior returns come from investing in people, and we support personal and professional growth by offering learning and career development programs, competitive and meaningful benefits, and wellness initiatives across the firm. [6], In February 2018, a senior research analyst of the firm, Paul Gait,[7] defined the Democratic Republic of Congo (DRC) a country rich in cobalt, which is essential to the lithium-ion batteries that drive electric vehicles as economically "the Saudi Arabia of the electric vehicle age. Equities: They are a lot further along with the electronic process change, mostly because of regulatory drivers. The Price and Consensus chart displays the company's stock price along with the consensus estimate. Treasury is responsible for managing the firm's funding and liquidity, cash management, foreign exchange, and relations with rating agencies and banks. Business data for AllianceBernstein Holding L.P.: This page was last edited on 26 September 2022, at 13:50. Fixed Income: The cutbacks only affected the New York desk. Yundi has an MS in Finance from Goldey-Beacom College and an MPA from University of Baltimore. The trade had a 0.25% impact on the equity portfolio. He began his career at JP Morgan, working in both private banking and equity research. Jacob is a graduate in Finance from the Stockholm School of Economics. Prior to joining Autonomous he worked in the Financial Stability Directorate at the Bank of England, focusing on the design of the stress-testing and capital frameworks for banks. He held this post for five years, leading a team of five analysts. Research is not simply a priority for AllianceBernstein, it is part of what defines us and distinguishes our firm. Multi-Asset Solutions team's clients include retirement plan sponsors, insurance companies, retail investors and high-net-worth individuals. Jim Switzer, senior vice president and global head of fixed income trading at AllianceBernstein. Other research focuses on complex asset-allocation problems, including liability-driven investment management and liquidity management. We want our research to define thought leadership about current conditions and emerging trends. Leona is a CFA charter holder and holds a bachelors degree in Economics from the London School of Economics and a masters degree in Finance from Judge Business School of the University of Cambridge. Before joining Autonomous in 2009, Farquhar covered the Benelux, Swiss and Nordic insurers at Fox-Pitt, Kelton for two years. Prior to joining Autonomous, Erik was the US life insurance analyst for Citigroup. EAN: 8436563181948. Ryan has a BS in Mathematical Economics from Wake Forest University and is a CFA charterholder. US asset manager warns over 'risk parity'. Driven by distinctive research insights and investment discipline, we provide a range of strategies for specific objectives and time horizons to meet the needs of our diverse client base. CarVal is a leading global private alternatives investment manager with approximately $14.3 billion in assets under management ("AUM") (1 . We pursue responsibility at all levels of the firmfrom how we work and act to the solutions we deliver to clients. AB Stock Price Trend (Seeking Alpha) Sell side analysts expect a respectable 9.9% EPS growth this year (average of 4 . Before joining Citigroup in 2000, Andrew worked as an insurance analyst in Schroder Securities, as a partner in GVGI (a start-up institutional stockbroker) in the 1990s and at Laing & Cruickshank and Capel-Cure Myers in the 1980s. Craig currently covers the Speciality Finance and Payments sector, and has been on Wall Street since 1997. This team has two main components: portfolio managers, who build high-conviction stock portfolios, and analysts, who conduct in-depth industry and company research in search of the best investment ideas. Dwight has previous equity sales experience working at UBS and FBR & Co. Dwight began his career working in the Treasury group at M&T Bank. Prior to that, he was an equity research associate at Janney Montgomery Scott covering REITs and an equity analyst at First Eagle Investment Management's family office. The group's functions include constructing portfolios, monitoring asset exposures and allocations, managing client-specific requests, tax management, monitoring pre-trade client guideline compliance, and exception resolution. Artist: Leonard Bernstein. Apparently AllianceBernstein liked what it saw, because when Gertsen left to head trading at Viking Global Investors, it hired another sellside exec in Whalen. He earned a BA in History from the University of Chicago and an MBA from NYU. Recognising the growing role of passive investment vehicles in the fixed income markets, the core idea is to transfer diversified risk baskets, as opposed to large blocks of idiosyncratic risk, which the sell-side do not want to buy because they cant hedge it. Our sell-side business has three divisions: Research, Sales and Trading. At AllianceBernstein Holdings we provide capital efficient investment vehicles to our longstanding institutional insurance investors and we deploy our own capital into the insurance sector through direct equity investments, reinsurance arrangements and hybrid solutions. It's dedicated to institutional investment-management services, private client administration, fund services, brokerage operations and change agents. [27], Last edited on 26 September 2022, at 13:50, "Shepard D. Osherow, Co-Founder Sanford C. Bernstein and Company", "Alliance Capital to Buy Sanford C. Bernstein", "AllianceBernstein parent abruptly removes CEO Kraus, directors", "AllianceBernstein Launches New Branding Initiative", "Fidelity, AllianceBernstein Reap Payday After Winn-Dixie Rescue", "An old Wall Street money manager with $500 billion is moving to Nashville from Manhattan to save money", "What Happened When a Wall Street Investment Giant Moved to Nashville", "AllianceBernstein sends staff to climate school", "The World Is Starting to Pivot on Climate. In fixed income, weve had relatively little direct regulatory intervention, but we all recognise that to compete going forward we have to be able to do things in a much more efficient manner.This article was originally published in the FILS in Philly Today magazine, produced by The TRADE, which was distributed to attendees of this years Fixed Income Leaders Summit USA conference. No Reproduction Without Prior Authorizations. . Before investing in any AllianceBernstein Fund, you should carefully consider the Fund's investment objectives, risks, charges and expenses. Chen joined Autonomous in September 2014. Find out everything you want to know about ABs corporate strategy, responsibility efforts and investment insights. AllianceBernstein Holding L.P. is a global asset management firm providing investment management and research services worldwide to institutional, high-net-worth and retail investors. He began his career at Neuberger Berman as a portfolio analyst before moving to the sell-side in 1999. The Sales and Trading teams work closely with the Research team to present our trusted research and trading services to clients. Also, Whalen has discussed getting away from sector trading at the firm, according to one knowledgeable source. But several sources said they had never before seen a buyside trading desk take a divot that deep in one shot, losing four tradersnearly half the tradersthere. It also requires support from the top: senior management has made it very clear we should strive for innovation and efficiency. Fan Zhang is a senior China macro-financial research analyst. Its investment services cover fixed income, equities, multi-asset, and alternative investments. Chris joined Autonomous in 2011 and covers UK and Irish banks. 17, 2022 at. David holds a BA in Economics from Yale with distinction and a MBA from Columbia Business School. AllianceBernstein Holding L.P. (AB Quick Quote AB - Free Report) , through a new outsourcing service, will execute the bond trades of other buy-side firms.The move was announced by James Switzer . The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings. This market was still fairly sketchy only a couple of years ago, but were now able to transact in it very consistently today. Jp Morgan asset management firm providing investment management and research services worldwide to,... 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