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AllianceBernstein's Global Funds Win Top Industry Honors For Best-In-Class Performance

Stocks in this article: AB

NEW YORK, May 16, 2013 /PRNewswire/ -- AllianceBernstein announced today that nine of its funds spanning the fixed income, equities, emerging markets and technology sectors won a total of 35 top honors in Europe, Asia and the U.S. at this year's Lipper awards. The awards highlight AllianceBernstein's continued recognition for strong performance and diverse product offerings -- which have helped drive ongoing business momentum across the globe, including annual gross sales of $82 billion in 2012, the firm's highest since 2007.

16 Awards in Asia:

In Asia, where the firm commands a leading fixed income market share in multiple markets, AllianceBernstein's Global High Income was recognized as the Best Global Bond Fund in Japan for the second straight year. In Hong Kong, Singapore and Taiwan, AllianceBernstein's International Technology Portfolio and Emerging Markets Debt Portfolio won top honors for the equity sector information technology and bond emerging markets global categories. AllianceBernstein's American Income Portfolio was recognized for its longstanding consistent risk-adjusted performance and was awarded best-in-class honors for performance over the 3-, 5- and 10-year periods in Singapore and for the 10-year period in Hong Kong.

AllianceBernstein was also named the Best Bond Group in Japan -- an award given to the fund family in the region with the highest average risk-adjusted returns among all of its fixed income funds. 16 Awards in Europe:

In Europe, AllianceBernstein equity and fixed income funds were recognized for top 3- and 10-year performance. Its Global High Yield fund was recognized by Lipper for best-in-class 10-year performance, its European Income fund won best-in-class 3-year performance and its International Technology fund won for best-in-class 3-year performance in the equity sector information technology category. In total, AllianceBernstein's European funds won awards in more than seven countries.

Additionally, Lipper's 2012 Market Review determined AllianceBernstein's American Income Portfolio was the top-selling bond fund in Europe in 2012 and its Global High Yield Portfolio was the continent's largest High Yield Fund in 2012 measured by assets under management, a testament to the firm's growing Fixed Income business in Europe.

3 Awards in North America:

In the U.S., AllianceBernstein's Discovery Growth and Small Cap Growth equity offerings were recognized for best-in-class 3-year performance out of a field of more than 200 competing funds. Among its fixed income offerings, High Income Fund won best-in-class performance for the High Yield funds category for the 10- year period out of a field of more than 100 competing funds.

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