NASHVILLE, Tenn., Feb. 2, 2022 /PRNewswire/ -- AllianceBernstein
L.P. ("AB") (NYSE: AB), a leading research and global investment
firm, today announced that Noel
Archard, CFA, will join AB as Global Head of ETFs and
Portfolio Solutions, effective February 7,
2022. The firm announces its plan to build a global ETF
business under Noel with their initial set of active ETF offerings
planned for later this year in the U.S.
In this new role for the firm, Mr. Archard will be responsible
for bringing AB's diverse set of investment capabilities to the
active ETF marketplace. He will report to Onur Erzan, Head of
Global Client Group.
"Over the last decade, we have continuously evolved our
investment platforms to better meet changing client investment
goals; thoughtfully listening to their needs and providing the
solutions they seek," said Onur Erzan. "Establishing the firm's
first-ever Global Head of ETFs and Portfolio Solutions role and
adding Noel to the team creates an opportunity for AB to generate
an innovative and differentiated offering in a crowded space - as
we have done successfully in different parts of the market like
retail SMAs, income and sustainable investing. As a proven industry
leader with more than two decades of ETF and asset management
executive experience, we are confident that Noel's leadership will
be instrumental to the success of not only our ETF business,
launching later this year, but also our broader portfolio solutions
including next generation SMAs and model portfolios."
"I'm very proud to join a firm with more than a 50 year legacy
as a leading investment manager, which has withstood various
economic cycles – continuously delivering superior returns for a
diverse set of investors, and across multiple asset classes," said
Mr. Archard. "It's an honor to have the opportunity to bring such a
significant asset manager to a broader range of investors through
the launch of AB's ETF business, both here in the US, and
ultimately, around the globe."
Mr. Archard joins AB from State Street Global Advisors where he
most recently served as the Global Head of Product. He brings two
decades of ETF and product experience to AB, with previous
leadership roles at BlackRock and Vanguard.
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, 2021, including
both the general partnership and limited partnership interests in
AllianceBernstein, AllianceBernstein Holding owned approximately
36.2% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"),
directly and through various subsidiaries, owned an approximate
64.5% economic interest in AllianceBernstein.
Additional information about AB may be found on our website,
www.alliancebernstein.com.
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SOURCE AllianceBernstein