AllianceBernstein Launches Next Generation Balanced Direct Index Platform
AllianceBernstein (AB) has launched the AB Tax Advantaged Balanced Direct Index portfolio, a new separately managed account combining equities and municipal bonds. The platform offers automated tax loss harvesting across stocks and bonds, along with AB Intelligent Rebalancing to reduce tax costs. The company manages $66B in municipals and $5B in equity direct indexing assets.
AB also introduced two additional products: AB Tax Advantaged Equity Direct Index and AB Tax Advantaged Strategic Research Balanced with Municipals. These solutions aim to enhance after-tax returns through integrated technology and customizable portfolios across growth, balanced, and income profiles.
AllianceBernstein (AB) ha lanciato il portafoglio AB Tax Advantaged Balanced Direct Index, un nuovo conto gestito separatamente che combina azioni e obbligazioni municipali. La piattaforma offre raccolta automatizzata delle perdite fiscali su azioni e obbligazioni, insieme a un ribilanciamento intelligente AB per ridurre i costi fiscali. L'azienda gestisce 66 miliardi di dollari in municipali e 5 miliardi di dollari in indicizzazione diretta azionaria.
AB ha inoltre introdotto due ulteriori prodotti: AB Tax Advantaged Equity Direct Index e AB Tax Advantaged Strategic Research Balanced with Municipals. Queste soluzioni mirano a migliorare i rendimenti dopo le tasse attraverso tecnologia integrata e portafogli personalizzabili tra profili di crescita, bilanciati e di reddito.
AllianceBernstein (AB) ha lanzado la cartera AB Tax Advantaged Balanced Direct Index, una nueva cuenta administrada por separado que combina acciones y bonos municipales. La plataforma ofrece recolección automatizada de pérdidas fiscales en acciones y bonos, junto con rebalancedo inteligente AB para reducir los costos fiscales. La empresa gestiona 66 mil millones de dólares en municipales y 5 mil millones de dólares en indexación directa de acciones.
AB también introdujo dos productos adicionales: AB Tax Advantaged Equity Direct Index y AB Tax Advantaged Strategic Research Balanced with Municipals. Estas soluciones buscan mejorar los rendimientos después de impuestos mediante tecnología integrada y carteras personalizables a través de perfiles de crecimiento, balanceados y de ingresos.
AllianceBernstein (AB)는 주식과 지방채를 결합한 새로운 개별 관리 계좌인 AB Tax Advantaged Balanced Direct Index 포트폴리오를 출시했습니다. 이 플랫폼은 주식과 채권에 대한 자동 세금 손실 수확을 제공하며, 세금 비용을 줄이기 위한 AB 지능형 리밸런싱을 제공합니다. 이 회사는 660억 달러의 지방채와 50억 달러의 주식 직접 인덱싱 자산을 관리하고 있습니다.
AB는 두 개의 추가 제품인 AB Tax Advantaged Equity Direct Index와 AB Tax Advantaged Strategic Research Balanced with Municipals도 소개했습니다. 이러한 솔루션은 성장, 균형 및 소득 프로필 전반에 걸쳐 통합 기술 및 사용자 정의 가능한 포트폴리오를 통해 세후 수익을 향상시키는 것을 목표로 합니다.
AllianceBernstein (AB) a lancé le portefeuille AB Tax Advantaged Balanced Direct Index, un nouveau compte géré séparément combinant actions et obligations municipales. La plateforme propose la récolte automatique des pertes fiscales sur les actions et les obligations, ainsi que le rééquilibrage intelligent AB pour réduire les coûts fiscaux. L’entreprise gère 66 milliards de dollars en municipaux et 5 milliards de dollars en indexation directe d’actions.
AB a également introduit deux produits supplémentaires : AB Tax Advantaged Equity Direct Index et AB Tax Advantaged Strategic Research Balanced with Municipals. Ces solutions visent à améliorer les rendements après impôts grâce à une technologie intégrée et à des portefeuilles personnalisables pour des profils de croissance, équilibrés et de revenus.
AllianceBernstein (AB) hat das AB Tax Advantaged Balanced Direct Index Portfolio eingeführt, ein neues separat verwaltetes Konto, das Aktien und Kommunalanleihen kombiniert. Die Plattform bietet automatisches Ernte von Steuerverlusten für Aktien und Anleihen sowie intelligentes Rebalancing von AB, um Steuerkosten zu senken. Das Unternehmen verwaltet 66 Milliarden US-Dollar in Kommunalanleihen und 5 Milliarden US-Dollar in direkter Aktienindizierung.
AB hat außerdem zwei zusätzliche Produkte eingeführt: AB Tax Advantaged Equity Direct Index und AB Tax Advantaged Strategic Research Balanced with Municipals. Diese Lösungen zielen darauf ab, die Nachsteuerrenditen durch integrierte Technologie und anpassbare Portfolios in den Bereichen Wachstum, Bilanz und Einkommen zu verbessern.
- Significant asset base with $66B in municipals and $5B in equity direct indexing under management
- Launch of innovative tax-optimized investment products expanding service offerings
- Integration of automated tax loss harvesting technology across multiple asset classes
- None.
Insights
The launch of AB's integrated tax-managed SMA platform represents a significant strategic expansion in the high-net-worth investment management space. This platform combines
The platform's key innovation lies in its unified approach to tax-loss harvesting across both equities and bonds - a feature that traditionally required separate accounts and manual coordination. The automated rebalancing system adds particular value for high-net-worth investors in higher tax brackets, potentially improving after-tax returns through systematic tax-loss harvesting and tax-efficient rebalancing.
This product launch strengthens AB's market position in the rapidly growing personalized indexing space, addressing increasing demand for tax-efficient investment solutions among wealthy clients. The combination of municipal bonds and direct indexing in a single solution could help AB capture larger wallet share from existing clients while attracting new high-net-worth investors.
Innovative portfolios combining individual stocks and bonds in one holistic tax-managed SMA
AB will provide a multi-asset solution within a single account — custom tailored to client tax situation and risk preferences — to deliver benefits to investors. This includes automated tax loss harvesting across both stocks and bonds in addition to AB Intelligent Rebalancing, which seeks to reduce the tax costs associated with rebalancing. Portfolios can be customized across asset-mix profiles including growth, balanced and income as well as a variety of indices.
AB brings experienced portfolio management, tax research, technology, and operational expertise to this solution as an industry leader with over
Today, the firm also launched AB Tax Advantaged Equity Direct Index and AB Tax Advantaged Strategic Research Balanced with Municipals, representing additions in equity-only direct indexing and tax managed active multi-asset portfolios, respectively. These products feature integrated technology aimed at delivering an industry-renowned client experience and enhanced after-tax returns.
"Over the years, AB's municipal platform has become a pillar of the firm's high-net-worth brand, while securing an industry-wide reputation as a leader in tax-optimized, technology driven fixed income solutions," said AB's Head of ETFs and Portfolio Solutions Noel Archard. "Combining equity direct indexing alongside municipals is a natural extension of our capabilities, allowing us to better serve our clients while seeking enhanced outcomes after tax."
AB's investment teams overseeing these new SMA products include Municipal, Tax, and Equity Leaders at the firm, with an average of 22 years of investment experience. Cross asset portfolio management teams include Matthew Norton, Daryl Clements, Andrew Potter, Paul Robertson, and John McLaughlin.
"We believe maximizing after-tax returns is critical for high-tax taxable investors," said AB's Head of Separately Managed Accounts Gavin Romm. "Through these solutions, we're seeking to introduce the next generation of balanced investing with an innovative core portfolio and improved approach to rebalancing and systematic tax loss harvesting."
To learn more about Direct Indexing and AB's capabilities, visit here.
*As of September 30, 2024
About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers diversified investment services to institutional investors, individuals, and private wealth clients in major world markets. As of October 31, 2024, AllianceBernstein had
View original content:https://www.prnewswire.com/news-releases/alliancebernstein-launches-next-generation-balanced-direct-index-platform-302309716.html
SOURCE AllianceBernstein
FAQ
What new product did AllianceBernstein (AB) launch in November 2024?
How much assets does AllianceBernstein (AB) manage in municipals and equity direct indexing?
What are the key features of AB's new Tax Advantaged Balanced Direct Index platform?
