AllianceBernstein steps up Australian diversification with new appointment

Global asset manager AllianceBernstein announced today that it has appointed Ben Moore as National Retail Sales Manager in Australia.

In this new role, Ben will help drive AllianceBernstein’s retail sales strategy as the company continues to expand its offering in the Australian retail market.

Ross Kent, Executive Director at AllianceBernstein Australia, said: “We are delighted to appoint a senior professional of Ben’s calibre as we prepare to launch new funds into the Australian market. Ben’s market connectivity and consultative approach will be of great benefit as we build on our relationships with investment adviser groups and managed funds platforms.”

Jen Driscoll, Chief Executive Officer of AllianceBernstein Australia, said that the appointment was a milestone in the group’s diversification in Australia, where it has added a direct retail presence to its long-established institutional business.

“This has been an exciting year for AllianceBernstein in Australia, where the firm’s strong and distinctive global research capability has been instrumental in winning mandates across our equities and fixed-income platforms and in both our institutional and retail channels.

“Ben’s appointment signals our continued momentum in our Australian business, in deepening our relationships with clients and advisers and in enhancing our service offering to them.”

Since directly entering the retail market in late 2013, AllianceBernstein Australia has launched four funds: the AllianceBernstein Dynamic Global Fixed Income Fund, the AllianceBernstein Global High Income Fund,the AllianceBernstein Managed Volatility Equities Fund and the AllianceBernstein Global Equities Fund. It is actively planning the launch of two new funds: the AllianceBernstein Emerging Consumer Fund and the AllianceBernstein Global Plus Fixed Income Fund.

It announced in April a mandate from Catholic Super for its Managed Volatility Equities Fund and has since won major fixed income and equities mandates for institutional clients.

Ben has more than 15 years’ experience in the funds management industry and joins AllianceBernstein from Russell Investments, where he was Head of Wholesale Distribution. Previously he was employed by Aviva Australia and has also worked for ING Australia, AMP Financial Planning and Colonial State Bank.

He holds an MBA from Macquarie Graduate School of Management and a Diploma of Financial Services from AMP Financial Planning and the Securities Institute of Australia.

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