NEW YORK, April 1, 2019 /PRNewswire/
-- AllianceBernstein L.P. ("AB"), a leading global investment
management firm, today announced that it has completed its
acquisition of Autonomous Research. AB announced its intention to
acquire Autonomous on November 20,
2018. Autonomous is a well-known and highly regarded global
financial services and fintech focused institutional research
firm.
"AB's commitment to fundamental research is unwavering. We are
very pleased to have Autonomous join forces with Bernstein, already
a leader in institutional equity research and trading, to provide
our clients worldwide with the highest quality independent
research," said Seth Bernstein, AB's
President and CEO.
About AllianceBernstein
AllianceBernstein is a
leading global investment management firm that offers high-quality
research and diversified investment services to institutional
investors, individuals and private wealth clients in major world
markets.
As of December 31, 2018, including
both the general partnership and limited partnership interests in
AllianceBernstein, AllianceBernstein Holding owned approximately
35.6% of AllianceBernstein and AXA Equitable Holdings, Inc.
("EQH"), directly and through various subsidiaries, owned an
approximate 65.2% economic interest in AllianceBernstein.
Additional information about AB may be found on our website,
www.alliancebernstein.com.
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SOURCE AllianceBernstein