AllianceBernstein appoints fixed income manager

AllianceBernstein has appointed Bradley Gibson to its Asia-Pacific fixed income team as portfolio manager, based in Melbourne. He was previously head of rates strategies at ING Investment Management Australia.

It is the third such appointment in three months, and "Reflects AllianceBernstein's continuing expansion in the region," said Hayden Briscoe, AllianceBernstein's Director - Asia-Pacific Fixed Income.

Briscoe said most fixed-income investors still thought of Asia-Pacific primarily as a constituent of emerging market indices. "We believe, however, that the region's contribution to emerging-market growth over the last 10 years makes it an investment destination in its own right."

The Asia-Pacific Fixed Income team is an integrated part of AllianceBernstein's global fixed-income research and portfolio management platform. "Building out the team in this way supports not only the firm's global fixed-income strategies, but also our push into launching regionally-themed funds," said Briscoe.

AllianceBernstein's total assets under management at 30 September 2011 were US$402 billion, of which US$214 billion was in fixed income.