AllianceBernstein is owned by the French insurance giant AXA, although it’s a US-based, world-wide global asset management company. It has almost $478 billion under its management, as of March 31, 2011.

The company specializes in wealth management services to high net worth and retail individuals as well as institutions. It invests in a well-rounded portfolio of financial instruments, including growth stocks, fixed income, alternative investments as well as asset allocation.

In addition, it provides independent investment research, trading and other brokerage-related service to its institutional clients through Sanford C. Bernstein & Co. LLC.

AllianceBernstein came into existence as a result of the merger of two well-established firms, Alliance Capital and Sanford C. Bernstein & Co. The merger was initiated by the AXA Group.

Bernstein traces its roots to founder Sanford C. Bernstein’s start-up in 1967, designed to be an investment management firm for private clients.

Alliance Capital came about in 1971 when the investment management department of Donaldson, Lufkin & Jenrette, Inc., joined through a merger with the investment-advisory business of Moody's Investor Services, Inc.

Alliance Capital acquired Sanford C. Bernstein in October 2000 to form AllianceBernstein.

AllianceBernstein caters to several varied groups of clients, including private, institutional and retail clients.

Its institutional clients are comprised of foundations & charities, sovereign wealth funds & central banks, financial services firms as well as insurance companies.

Its sell-side research unit, Sanford C. Bernstein & Co. LLC., caters to investment managers and investment consultants who use Bernstein’s expertise in research, quantitative strategies and tools, portfolio strategies and equity-trading execution.

AllianceBernstein’s asset management group does business in Europe, Asia, Pacific Rim and the Americas.

Our lawfirm is representing investors who suffered a loss from investing in the Bernstein Multi-Strategy Fixed Income Hedge Fund.

For more information and to find out if you have a case, complete the form on this page or call 1-800-934-2921 for a free no obligation consultation with a lawyer.