Bringing you live news and features since 2006 


AllianceBernstein launches multi-manager target-date series co-managed with Morningstar Associates


AllianceBernstein’s multi-manager target-date series, AB Multi-Manager Select Retirement Funds, co-managed with Morningstar Associates, is now available to investors.  

"The early feedback and encouragement from consultants and financial advisors has been exceptional. This affirms our belief that there is interest in the marketplace for a target-date fund that addresses the Department of Labor's suggestion in its 'Tips for ERISA Plan Fiduciaries' that plan sponsors inquire whether non-proprietary or custom target-date funds would be a better fit for their plans," says Craig Lombardi, Managing Director of AllianceBernstein's Defined Contribution Investment-Only (DCIO) Sales.

The new series invests in funds managed by leading investment managers in addition to AllianceBernstein, including AQR, Franklin Templeton, MFS and T Rowe Price. AllianceBernstein designs and manages the glide path, adjusting asset-class exposures as market conditions change, and provides overall program oversight.  Morningstar selects funds from the broad offerings of each participating firm.

Latest News

HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..
VanEck has reached USD10 billion in assets under management in Europe for the first time in April 2024...
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according to a benchmark study published..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by