AllianceBernstein has confirmed the review of its global business would affect its Australian arm to a limited extend.
However, AllianceBernstein Australia's spokesperson did not wish to comment on rumours about possible redundancies which might result from the review.
AllianceBernstein Australia will stay committed to the local market, the spokesperson said.
Furthermore, the impact of AXA Asia Pacific's departure from the joint venture with AllianceBernstein Australia is yet to be seen.
Following AMP's purchase of AXA Asia Pacific, the institution did not hold onto AllianceBernstein Australia as its fund manager - due to the duplication of services - which resulted in AllianceBernstein Australia taking the remaining 50 per cent of the venture (AXA-AllianceBernstein Australia).
AllianceBernstein is reviewing its operations with the objective of "maintaining its unrelenting focus on delivering strong investment returns while also balancing resources with client assets and needs", the firm stated.
Its global assets under management stood at US$421 billion as at 31 January 2012.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.