AllianceBernstein LP is a US-based, global asset management firm, owned by the French insurance conglomerate, AXA, with approximately $402 billion in assets under management, as of September 30, 2011. AllianceBernstein provides solution-based diversified investment management services worldwide to institutional, high-net-worth and retail individuals. AllianceBernstein’s investment services encompass value and growth equities, blend strategies, fixed income, alternatives, and asset allocation. AllianceBernstein also provides independent investment research, trading and brokerage-related... services to institutional clients through Sanford C. Bernstein & Co. LLC and its London-based affiliate. AllianceBernstein was the product of a merger between two well-established firms, Alliance Capital and Sanford C. Bernstein & Co. initiated by its parent corporation, the AXA Group. Bernstein traces its origins back more than 40 years to when Sanford C. Bernstein founded the firm in 1967, as an investment-management firm for private clients. Alliance Capital was founded in 1971 when the investment management department of Donaldson, Lufkin & Jenrette, Inc.
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