AllianceBernstein is an Insurance AUM Journal Contributing Manager.
2019 YE — All values in USD billions — Definitions
Firm Information
Insurance Gen Acct 3rd Party Insurance Gen Acct Affil Insurance Sep Acct All Other Firm AUM Total Firm AUM 12.178 98.412 72.829 439.495 622.915
AllianceBernstein
www.alliancebernstein.com 1345 Avenue of the Americas, New York, NY 10105
Senior Insurance Investment Strategist & Portfolio Manager – Credit
Service Offerings & Client Profiles
Insurer Services
Investment Accounting Outsourcing N ALM Partnering Y Customized Portfolio Reporting Y Regulatory Assistance Y Insurance Client Web Portal Y Strategic Asset Allocation Advice Y Peer Analytics Y Tactical Asset Alloc / Multi-Asset Portfolio Mgt Y Capital Modelling & Management Y Insurance Client Conferences Y Income & Cash Flow Projections Y ESG Specific Products Placed with Insurers Y
Life Health Property Casualty Reinsurance (All Lines) Multi-Line Other Total Client Count 43 15 13 7 – 78
Client Relationship Size
<$250mn $250mn – $1bn $1 – $5bn 5 – $10bn >$10bn 63 13 2 – –
AUM Summary
3rd Party General Account
Public Private Total
Fixed Income 6.88 1.111 7.991 Equities 4.034 0.153 4.187 Total 10.914 1.264 12.178
Firm
Public
Private
Total
Fixed Income 306.722 14.884 321.607 Equities 294.524 6.785 301.309 Total 601.246 21.669 622.916
Regions 3P-GA
Firm
N America 2.061 419.152 Europe & UK 4.781 125.875 APAC 4.867 71.017 Offshore 0.469 1.921 Other – 4.952
AUM Details
Public Fixed Income 3P-GA
Firm
Cash/Short-Term 1.193 12.824 Governments & Agencies 2.524 91.646 Corporates 4.349 163.478 Municipals, Tax-Preferenced – 47.212 Municipals, Taxable – – Securitized – RMBS 0.008 3.501 Securitized – All Other – 0.866 Convertibles – – High Yield 0.938 69.307 Bank/Leveraged Loans – 0.38 CLOs – – Emerging Markets – Sovereigns 0.38 13.482 Emerging Markets – Corporates 0.607 0.66 Other – –
Public Equities 3P-GA
Firm
Large Cap 3.994 256.21 Mid Cap – 2.127 Small Cap 0.04 36.187 Global Developed Markets 2.496 282.79 Emerging Markets 1.537 11.734 Quant/Smart Beta – 0.168 Mkt Neutral / Long-Short / Liquid Alts 0.003 8.226 Dividend-Tilt – 0.663 Passive SMAs 1.187 61.638 Other – –
Private Fixed Income 3P-GA
Firm
Private Placements – Traditional 0.286 9.682 Corporate – Middle Market – 2.064 RE – CMLs – – RE – All Other Debt 0.825 3.139 Infrastructure Debt – – Structured – – High Yield – – Other – –
