NEW YORK, Feb. 24, 2017 /PRNewswire/
-- AllianceBernstein L.P. ("AB"), a leading global investment
management firm, today announced Jess
Gaspar has joined as Global Director of Research for its
Multi-Asset Solutions group. In this newly-created role, Gaspar
will oversee research for AB's multi-asset solutions and lead the
firm's strategic process to further extend its category leadership
in customized retirement solutions and expand its retail and
institutional footprint across channels*. He will report to
Vadim Zlotnikov, Co-Head of
Multi-Asset Solutions.
"As investor demand for outcome oriented solutions continues to
accelerate, clients are increasingly looking to the asset managers
who can deliver on a multi-asset approach that looks holistically
across all asset classes and return sources," said Zlotnikov. "Jess
brings an impressive depth of experience in creating and managing
these outcome oriented solutions and will be instrumental in
evolving our multi-asset research across our global platform."
Prior to joining AB, Gaspar most recently served as Head of
Asset Allocation and Research at Commonfund, an investment
organization serving the nonprofit community, where he developed
strategic, cyclical and tactical asset allocation and portfolio
risk management systems. Previously, he was director of research
for the global macro hedge fund Cornerstone Quantitative Investment
Group and a management consultant with McKinsey & Company.
Before joining the private sector, Gaspar was a professor of
economics at the University of Chicago
Booth School of Business. He holds a BS in environmental
engineering from the Massachusetts Institute
of Technology and a PhD in international economics from
Stanford University.
In recent years, AB has continued to build out its multi-asset
capabilities globally, most recently through the acquisition of
Ramius Alternative Solutions, LLC (RASL), an alternative investment
platform which offers a range of customized alternative investment
and advisory solutions to a global institutional client base. The
acquisition added new investment capabilities in factor-based and
alternative risk premia solutions to AB. Today, AB's Multi-Asset
Solutions group has more than $114
billion in assets under management and includes both custom
and fund solutions for institutional, retail and high net worth
investors.
*In Pensions & Investments 2015 survey, AB ranked as the
largest custom target-date manager by assets under management.
About AB's Multi-Asset Solutions Group
AB's
Multi-Asset Solutions Group is a dedicated team of more than 25
investment professionals that utilizes its deep capital markets
expertise, research insights and a full range of risk/return
sources as building blocks to create integrated multi-asset
investment solutions tailored to the needs of each client. These
include glide path strategies like target-date and lifetime income
solutions for defined contribution plans, asset allocation
strategies and solutions targeting unique market index and factor
exposures.
About AB
AB is a leading global investment management
firm that offers high-quality research and diversified investment
services to institutional investors, individuals and private wealth
clients in major world markets.
At December 31, 2016, AB Holding
owned approximately 35.9% of the issued and outstanding AB Units
and AXA, a worldwide leader in financial protection, owned an
approximate 63.7% economic interest in AB.
Additional information about AB may be found on our website,
www.abglobal.com.
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SOURCE AllianceBernstein L.P.