ACM Bernstein benefits from value-led strategy

the Group's uk fund has portfolio running at 20% discount to ftse all-share

As demand for value funds continues, the ACM Bernstein UK Value fund is getting increasing attention from multi-managers. SEI Investments has recently given 35% of its UK Equity strategy to Alliance Bernstein on a segregated mandate basis while Edinburgh Portfolio holds the group's single UK-focused retail fund within its UK Growth and Global Growth portfolios. Part of Alliance Capital group, the US value specialist Bernstein launched the ACM Bernstein UK Value fund in March 2002 as a sub-fund of the ACM Investments Oeic. Buying the greatest amount of long-term earnings for the lowes...