AllianceBernstein has added a team of five portfolio managers to expand its European and global growth capabilities.
The quintet, led by Thorsten Winkelmann, has been hired from Allianz Global Investors.
They will start in their roles at AB in January 2024.
Winkelmann is a portfolio manager and CIO with nearly 25 years of experience. He will be joined by Robert Hofmann, Marcus Morris-Eyton, Darina Valkova, and Nicolas Gonçalves.
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Chris Hogbin, head of equities at AllianceBernstein, commented: “As a business, we are continuously looking at opportunities where we think there are teams or individuals that can complement our current product offerings and help us to better serve clients and consultants, while growing our business.
“What attracted us to Thorsten and his team is their ability to broaden our equity capabilities within the European and global growth areas. They have a compelling record in fundamental stock selection, a team-oriented culture and an aligned set of values.”
Winkelmann added: “I’m looking forward to bringing a complementary strategy to the AB lineup, and continuing to adhere to my team’s investment philosophy and values. My team and I have a strong focus on fundamental research and a disciplined investment process.
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“We are strongly of the opinion that the AB culture is aligned with these. I am excited about this next step and look forward to bringing our strong and proven strategies to AB.”
AB has $652bn in assets under management.
