Type: Company - Public. It could and should have been handled two years ago. The group combines macro and quantitative research insights to construct innovative investment products and drive investment decisions. Our sell-side business has three divisions: Research, Sales and Trading. Client Group: Andrew holds a BA in modern history from Oxford University. Institutional Investor recognized him as a Rising Star for US Insurance/Nonlife in 2015 and 2017. No Reproduction Without Prior Authorizations. Find the latest on everything happening at AB, from breaking news to regulatory filings. The Sales and Trading teams work closely with the Research team to present our trusted research and trading services to clients. Our large teams of quantitative analysts develop tools to increase the likelihood of client success. Greg has extensive buy-side experience including stints as sector head/senior analyst at Millennium (Tribe Capital), Cedar Hill Capital, and Avenue Capital on the Events Driven equity team. He started his career at Towers Watson, where he qualified as an actuary. Excellence in investment research and trading is the core of our sell-side research unit's business. Learn more on AB's analyst rating history. Our commitment to knowing more has led us to build one of the broadest buy-side research footprints in the asset-management industry. Both Gertsen and Tierney have since moved back to their sellside rootsGertsen to Citi and Tierney to Bloomberg Tradebook. In parallel with this change from a principal-based market-making model to a riskless transfer model, the bigger change is how the sell-side engage with us as clients. Prior to joining Autonomous in 2009, Jacob Kruse had been covering European Banks including French, Nordics, Germans and European as well as US investment banks for seven years at JPMorgan. Alliancebernstein, registered in 1999, serves 51 state (s) with a licensed staff of 436 advisors. Some quantitative tools help our fundamental analysts improve their forecast accuracy. Alastair joined Autonomous in late 2014 for its Asia launch, as financials specialist sales. Before joining Merrill Lynch in 2002, Stuart worked at JPMorgan and HSBC (both in banks equity research). On 11/16/2022, Nike Inc traded for a price of $105.23 per share and a market cap of $164.64Bil. Our Tax Department delivers a full range of tax services across multiple jurisdictions, collaborating with all parts of the business. such as the private wealth management business and sell-side research and trading, will . Prior to joining Bernstein Autonomous, Christian was head of corporate credit research at UniCredit where he worked for 13 years in senior equity and credit research roles in Munich and London. AllianceBernstein (AB) is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals, and private. The cutbacks only affected the New York desk. He earned a BS from Syracuse University. We are dedicated to building and sustaining a work environment where everyone's feedback is valued and contributions are rewarded. Equity Execution Services offered by Bernstein [click here] for more information. Equity Swap. Bernstein Research Independent, in-depth sell-side research and brokerage services for institutional investors. 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. According to analysts' consensus price target of $40.25, AllianceBernstein has a forecasted upside of 3.1% from its current price of $39.03. In PRISM, analysts develop and share views on issuers fundamentalsincluding ESGin a consistent, comparable and quantifiable way across industries, ratings categories and geographies. AllianceBernstein Holding L.P. AB, through a new outsourcing service, will execute the bond trades of other buy-side firms. The company provides investment management services worldwide to institutional, high-net-worth and retail investors. BNY Mellon goes live with cleared agent securities lending offering. Its a problem for the sell-side too and its impacting the secondary market. Prior to this, Andrew was on the sell-side as a member of the European insurance equity research team led by Andrew Crean at Citigroup. Our team is organized across the following Centers of Excellence: Analytics, Benefits, Diversity & Inclusion, Employee Relations, Human Capital Administration, Organizational Development, Recruiting, and Talent Development. He moved back into research with Autonomous in 2020, to support our China macro output and build bottom-up Asia stock coverage. Prior to joining Autonomous in 2017, Maeshal was at JPMorgan for 5 years on their corporate development team, where he worked with C-suite management on strategic planning. Even though the equity markets are ahead of fixed income from an automation perspective, they still have high-touch traders driving performance. 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. As of June 30, AllianceBernstein managed $461 billion in assets. About . This market was still fairly sketchy only a couple of years ago, but were now able to transact in it very consistently today. Alex joined AB Bernstein in July 2014 after having spent 4 years in an IR Advisory role at Ipreo. Christopher, who spent about 20 years at AllianceBernstein, traded energy, chemicals and health care. Brian started his career as a consultant at Oliver Wyman, and holds a BSE in Operations Research and Financial Engineering from Princeton University. US Payments & FinTech Senior Research Associate. "AllianceBernstein reached the limit of where they could sell their research, but they needed equities capital markets to turbo charge it," said a senior SocGen . 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. It had approximately US$800 billion assets under management as of the end of 2007. Before joining Autonomous in 2009, Farquhar covered the Benelux, Swiss and Nordic insurers at Fox-Pitt, Kelton for two years. We embrace innovation to address increasingly complex investing challenges. He has a BS degree in Hospitality Management from Widener University. Patrick holds a BBA in Finance & Accounting from Southern Methodist University's Cox School of Business. Michelle is responsible for maintaining the Autonomous CRM & research distribution systems and for supporting the global sales & research departments. 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. They believe research excellence is the key to better outcomes, so they've built research capabilities with exceptional breadth, depth and focus on innovation, on the buy-side and the sell-side. Provides computing, communications, infrastructure, services, support and innovations that sustain high-quality research and diverse investment services for institutional investors, individuals and private clients. Portfolio Management Group (PMG): Financial Planning & Analysis is responsible for the annual budgeting process, long-term financial forecasts and strategic plans, and providing analytical support to our business units. In recent years, the buyside has not been immune from downsizing in trading, as technology has allowed desks to do more with less. Prior to that, she worked at CLSA for 6.5 years, mainly covering China banks/non-bank financials. She is an elected member of the US Conference of Business Economists. JS: The growing size and presence of ETFs has created an arb-able event. Jim Switzer, senior vice president and global head of fixed income trading at AllianceBernstein, talks to The TRADE about the firm's approach to fixed income automation and augmenting the desk's skill set. This cohesiveness fosters collaboration and empowers us to pursue a common goaldelivering better outcomes. Alliancebernstein manages $721.8 billion and provides investment advisory services for 23,903 clients (1:55 advisor/client ratio). Operations: 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. As a leading global investment management firm, AB fosters diverse perspectives and embraces innovation to help our clients navigate the uncertainty of capital markets. Before moving to a sell-side analyst role in 2000, Stefan spent another nine years at Dresdner Bank in Germany and Canada, working in different roles in retail and corporate banking, credit risk and executive management. He is a graduate of the University of Virginia and Georgetown University. For the full year, the company is expected to earn $2.81 per share, representing a year-over-year change of -27.76%. We use cookies on this site to enhance your user experience. Artist: Leonard Bernstein. Kelsey Zhu is the lead Analyst covering Financial Information Technology companies. Prior to founding Autonomous in 2009, Andrew was the head of European insurance equity research at Citigroup. To be successful, we foster a diverse, connected, collaborative culture that encourages different ways of thinking and differentiated insights. We are highly respected by the financial services community. Our portfolio managers take all of these research inputs into account when selecting securities, constructing portfolios and providing investment advice. AllianceBernstein L.P., A global asset management company, based in New York, USA, is a subsidiary company of a famous French insurance company, AXA. 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. AB is the Founding Member of the Corporate Affiliate Program at the newly launched Columbia Climate School and has partnered with Columbia Universitys Earth Institute to develop a Climate Science and Investing curriculum. We do not take positions to ensure full independence of our research offering and use our distribution networks globally. Manus is the Global Head of Research for Autonomous. By Chris Hall. Matt previously worked at firms on both the buy-side (Millennium) and sell-side (Citi) and has experience covering a variety of financials sub-sectors (Capital Markets, Insurance, Payments/FinTech). She received her Bachelor degree in Economics from University of International Business and Economics (UIBE) in China and Master in Public Administration (MPA) from Maxwell School of Syracuse University in the US. For us, the Abbie bot highlights opportunities based on our quant, fundamental, portfolio positioning and liquidity views, then builds approved trades for review by the trading desk where ALFA flags all the available liquidity options to the trader, with reference to various momentum indicators and liquidity scores. Stephen joined Autonomous in September 2019. He headed trading from 2006 to 2009. . Research is not simply a priority for AllianceBernstein, it is part of what defines us and distinguishes our firm. An ideal candidate is someone with equities experience as it is clear we in fixed income are now following the same path. Patrick joined Autonomous in 2012 from Bank of America Merrill Lynch, where he spent nine years covering broker-dealers and alternative asset managers. At AB, we bring together people of many backgrounds. The . Autonomous Research aims to be the leading research provider on financial companies globally. AllianceBernstein traces its origins back to the founding of Sanford C. Bernstein in 1967 as an investment-management firm for private clients. AB Stock Price Trend (Seeking Alpha) Sell side analysts expect a respectable 9.9% EPS growth this year (average of 4 . The subject matter division of labor for the Legal & Compliance department's practice groups is currently as follows: AB Bernstein: Prior to this, Andreas worked in the banks team Merrill Lynch, which he joined as a graduate in early 2008. LIBOR 3M + Spread. We aim to be innovative and value-added for our clients, which will involve standing out from the crowd. Independent, in-depth sell-side research and brokerage services for institutional investors. He previously worked for RBS and the Financial Services Authority. Industry sentiment is that there will be new hires to replace the departed tradersbut for different reasons. Rather than telling us what theyre trying to get done, they ask us what were trying to get done. Geoff joined the firm at inception in 2009, initially covering Central & Eastern European banks from London, before transferring to New York in 2014 where he covered a number of US banks moving to his current role in 2019.
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