Investment manager AllianceBernstein L.P. has launched two new funds using a systematic approach based on quantitative research to build diversified portfolios.
The AB European Corporate Bond Portfolio invests in Euro-denominated, investment grade, corporate bonds, while the AB USD Corporate Bond Portfolio invests in US Dollar denominated, investment grade, corporate bonds. Both portfolios use a dynamic, multi-factor approach to identify securities with the potential for strong future risk-adjusted returns.
According to the providers, this approach implemented by the investment management team through their proprietary research, investment and trading models considers several factors in seeking to generate returns through a “bottom-up” security selection process focused on the “analysis of individual issuers rather than market conditions”.
The funds are managed by Scott DiMaggio and Bernd Wuebben, alongside Jamie Harding on the AB European Corporate Bond Portfolio, and Tim Kurpis for the AB USD Corporate Bond Portfolio.
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Scott DiMaggio, portfolio manager and head of fixed income at AllianceBernstein, commented: “We believe we can deliver notable investment returns using our quantitative, factor-based research, which has been part of our fixed income DNA since 2004. Leveraging this best-in-class research in conjunction with our AI-trading and implementation technology developed over the past two decades allows us to bring innovative products and differentiated return streams to the market and our clients.”
Honor Solomon, CEO of Emea and head of Emea retail at AllianceBernstein, added: “We have been running systematic portfolios in the US for a while and are excited to bring this capability to the Emea markets through the launch of our Lux-domiciled Ucits portfolios.
We have noted the growth in demand from our clients for an active systematic approach in fixed income within these markets.”
The funds are domiciled in Luxembourg and registered in Germany, Austria, Italy, Netherlands, Switzerland, the UK, Belgium, France, Spain, Finland, Norway and Sweden.
