The past two years looked favourably upon European bonds, with the continent’s low-rate environment attracting unprecedented volumes from US and Chinese issuers looking to diversify away from a saturated USD corporate bond market. Conditions did deteriorate during the latter half of 2015 with European liquidity concerns and uncertainties over the timing of the Federal Reserve rate hike, pushing investors away from riskier high yield bond assets. Accordingly, adroit guidance – informed by experience and proven by results – is today more than ever a non-negotiable standard for investors.
AllianceBernstein has a proven track record in this space, boasting one of the fastest-growing private banking penetration rates in Asia over the past decade, and serving private bankers and Asian HNWIs alike with efficiency and dedication. Indeed, AllianceBernstein can lay claim to being one of the first asset managers to make private bank distribution a priority. Since its entrance into the private banking sphere in 2000, assets under management through this particular channel have grown over fifteen-fold.
The asset manager’s dedicated services to private banks encompass customised products and share classes, and its product specialists and portfolio managers maintain regular face time contact with gatekeepers and private bankers throughout the region. Dedicated teams based in Hong Kong, Singapore and South Korea work closely with the firm’s Global Private Banks division in the US which delivers services for AllianceBernstein’s offshore global private banking and UCITS fund businesses.
Asia’s private banking industry agrees that AllianceBerstein’s offering, underpinned by experience and vision, makes it 2016’s Best Fund Provider – Europe Bond.