market-makers don’t carry large inventories. The beneficiaries may be BlackRock [ BLK +4% ], Legg Mason [ LM ], AllianceBernstein [ AB +2% ]. Gross and BOND had been under an SEC investigation related to the purchases [at discounts] and valuations
market share, says Citi's William Katz. "First order beneficiaries," says Katz, are BlackRock ( BLK +0.6% ), AllianceBernstein ( AB -0.3% ), and Legg Mason ( LM -0.1% ), followed by Franklin Resources ( BEN +0.7% ) and Invesco ( IVZ
AllianceBernstein ( AB +1% ) bucks the early downtrend in the markets after Bank of America throws in the towel on its Underperform rating, upgrading the stock to Neutral with price target lifted to $29 from $27. AB is higher by 27% YTD. Post your comment!
On June 14, the U.S. Senate Finance Committee introduced a bill that could potentially alter the way AllianceBernstein 's AB income is taxed. To this point, the firm has benefited from below-average tax rates in part because of its partnership
August 22 (Fitch) Fitch Ratings has affirmed AllianceBernstein American Income Portfolio's (AIP) 'Strong' Fund Quality Rating. The fund is managed by AllianceBernstein L.P. ( AB ; A+/Stable/F1). KEY RATING DRIVERS The
Link to Fitch Ratings' Report: AllianceBernstein European Income Portfolio http ..... Fitch) Fitch Ratings has affirmed AllianceBernstein European Income Portfolio's ..... Rating. The fund is managed by AllianceBernstein L.P. ( AB ; A+/Stable/F1). KEY RATING
Link to Fitch Ratings' Report: AllianceBernstein Euro High Yield Portfolio http ..... Fitch) Fitch Ratings has affirmed AllianceBernstein Euro High Yield Portfolio's ..... Rating. The fund is managed by AllianceBernstein L.P. ( AB ; A+/Stable/F1). KEY RATING
Federated Investors ( FII +1% ) is started with a Buy and $35 price target, while AllianceBernstein ( AB -0.4% ) rates a Hold and $27 price target, according to analyst Surinder Thind. Post your comment!
we're willing to afford other fixed-income heavy firms like Franklin Resources BEN , Legg Mason LM , and AllianceBernstein AB . With total AUM increasing 12% year over year and average AUM up 12% as well, BlackRock was able to post
have seen greater amounts of growth from fixed income over the past five years, like Franklin Resources BEN and AllianceBernstein AB . Not surprisingly, these three firms are currently trading at the lowest price/earnings multiples of the