AllianceBernstein (“AB”) has announced the formation of a new group that will develop sophisticated tools, research perspectives and solutions for institutional investors, helping them tackle the growing challenges of delivering better outcomes in today’s challenging markets.
The AB Institutional Solutions Group is led by Inigo Fraser Jenkins and Alla Harmsworth, who join from AB’s sell-side business, Bernstein Research. The new team will research the forces impacting the asset-management industry, capital markets and investment strategy, sharing tools designed to empower investment decision making. The goal is to foster deeper discussions with institutional asset owners on asset allocation, asset-liability management, implications for portfolio construction and, ultimately, better investment solutions.
“The Institutional Solutions Group brings together the best of our investment and research expertise, which we hope will foster broader, holistic conversations with institutional investors in all parts of the world,”
“We strive to be the best partners we can be for institutional investors, and this initiative represents another big step forward in that effort.”Steve Eisenberg, AB’s Global Head of Institutions
Fraser Jenkins and Harmsworth bring deep experience and expertise to the Institutional Solutions Group. At Bernstein Research, Fraser Jenkins was Head of Global Quantitative Strategy, providing top-down market strategy for US and global markets, quantitative investment research and investment industry analysis. He has been with AB since 2015, with previous experience at Nomura, Lehman Brothers, and the Bank of England.
Harmsworth was Head of European Quantitative Strategy and Alphalytics at Bernstein Research, developing tactical views on markets, factors and quantitative investing while generating fund-management research. She developed Alphalytics, a proprietary tool to help asset owners distinguish among return sources, identify the true value-add from active products and create effective portfolios of funds, and she will continue to head the Alphalytics product. Harmwsorth also joined AB in 2015, having worked at Nomura, Fidelity, Nikko Asset Management and ABN Amro.
The group’s initial pipeline of research topics will centre around key issues of interest for the institutional investment industry, namely inflation, factor investing, alpha and beta, and alternatives.