AllianceBernstein (AB) Acquires AnchorPath

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AllianceBernstein Acquires AnchorPath

June 17, 2020 8:30 AM EDT

NEW YORK, June 17, 2020 /PRNewswire/ -- AllianceBernstein L.P. ("AB"), a leading global investment management firm, today announced that AB acquired AnchorPath Financial, LLC earlier during the second quarter of 2020. AnchorPath, an investment management firm founded in 2009, has developed a cost-effective strategy that integrates proprietary, pro-active risk control while providing liquidity and transparency.

"Through this acquisition, AB adds... More