AllianceBernstein boosts team



AllianceBernstein has beefed up its Asia-Pacific Fixed Income team with the appointment of Yufeng Liu as a quantitative analyst.
Liu (most recently a research analyst for Deutsche Bank Asset Management in San Francisco) joined the team in mid-January, and is based in Melbourne.
Director of the AllianceBernstein Asia-Pacific Fixed Income team Hayden Briscoe said he believed Yufeng's experience would be a considerable asset to the company as it moved to develop its pipeline of Asia-themed investment strategies.
Liu is the fourth new hire to AllianceBernstein's Asia-Pacific Fixed Income team since September 2011. The company last month announced that former ING Investment Management head of rates strategies, Brad Gibson, had joined as a portfolio manager.
The company describes the Asia-Pacific Fixed Income team as being an integrated part of AllianceBernstein's global fixed-income research and portfolio management platform.
It said the team's expansion supports the development of the firm's regionally-themed investment ideas.
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.