POWERED BY MOMENTUM MEDIA
AllianceBernstein adds to Australian Value team
AllianceBernstein has boosted its Australian Value Equities team with the appointment of Anthony Moran as a research analyst covering construction, building materials and infrastructure.
Moran's previous role was at Macquarie Group, where he was a senior investment analyst specialising in infrastructure equities. Previous to that, he worked as a strategy analyst with Port Jackson Partners, and as an institutional research sales executive at Deutsche Bank.
AllianceBernstein co-chief investment officer and Australian Value Equities director of research, Roy Maslen, said Moran came to the team with an "outstanding record of personal achievement".
"[Moran's] appointment is another demonstration of Bernstein's commitment to the Australian market and our Australian Value clients, and of the value opportunity we see in Australian equities. The team has more dedicated resources now than at any stage since the launch of our first portfolio in 2003," Maslen said.
Recommended for you
The firm is offering Australians lower fees and improved transparency with its exclusively exchange-traded fund (ETF) portfolios.
Senator Andrew Bragg has pressed funds that attended the super summit in the US, demanding answers on costs, compliance with their best financial interests duty, and the decision-making process behind their participation.
A top Treasury official has shed light on the confidential document that circulated among funds this month, telling Senate estimates Treasury is “testing a hypothesis”.
During Senate estimates, it was insinuated that if AustralianSuper had been a retail fund, it would have faced a much larger fine.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.45 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
30.48 3 y p.a(%)
