AllianceBernstein

From Wikipedia, the free encyclopedia

This article may require cleanup to meet Wikipedia's quality standards.
Please improve this article if you can. (May 2008)

AllianceBernstein LP (NYSE: AB)AllianceBernstein L.P. is one of the largest publicly traded global asset management firms in the world with approximately $800 billion in assets under management at December 31, 2007.

 Company_name   = AllianceBernstein|
 Company_type   = [[Publicly traded partnership(NYSE: AB) 
 Key_people     = [[Lewis A.Sanders,Chairman & CEO                                
                  Gerald Lieberman,President and Chief Operating Officer 
 Num_employees  = 5,580
 Industry       = Asset Management 
 Homepage       = [1]

AllianceBernstein provides diversified, global investment management services that include growth equities and value equities, blend strategies and fixed income services to institutional, high net worth and retail clients worldwide.

Additionally, through its Sanford C. Bernstein & Co., LLC (“Bernstein LLC”) subsidiary, AllianceBernstein provides in-depth research, portfolio strategy, trading and brokerage-related services.

AllianceBernstein Holding L.P. and its subsidiaries provide investment management and related services to institutional clients, retail clients, and private clients in the United States and internationally.

It offers institutional investment services, including separately managed accounts, sub-advisory relationships, structured products, group trusts, mutual funds, and other investment vehicles to unaffiliated corporate and public employee pension funds, endowment funds, domestic and foreign institutions, and governments and affiliates.

The company's retail services individual investors comprise retail mutual funds sponsored by AllianceBernstein, its subsidiaries, and its affiliated joint venture companies, sub-advisory relationships with mutual funds sponsored by third parties, and separately managed account programs sponsored by various financial intermediaries. It provides separately managed accounts, hedge funds, mutual funds, and other investment vehicles for private clients, including high-net-worth individuals, trusts and estates, charitable foundations, partnerships, private and family corporations, and other entities.

It also offers in-depth and independent fundamental research, portfolio strategy, trading, and brokerage-related services to institutional investors. In addition, AllianceBernstein provides distribution, shareholder servicing, and administrative services to its sponsored mutual funds.

The company was founded in 1987. It was formerly known as Alliance Capital Management Holding L.P. and changed its name to AllianceBernstein Holding L.P. in 2006. AllianceBernstein is based in New York, New York.

AllianceBernstein has been ranked #1 on the list of Most Trustworthy Companies, according to Audit Integrity, an independent Los Angeles firm that does research on corporate governance best practice (and which is a data supplier to Forbes.com)