AllianceBernstein to enter global ETF market

Hires Noel Archard as head

AllianceBernstein has hired Noel Archard as the firm’s first global head of ETFS and portfolio solutions as it plans to enter the ETF market.

AllianceBernstein said it plans to "build a global ETF business" under Archard, with its initial set of active ETF offerings planned to release in the USA later this year Archard will be responsible for bringing the firm's set of investment capabilities to the active ETF marketplace, reporting to head of global client group Onur Erzan. He joins AllianceBernstein from State Street Global Advisors, where he most recently worked as global head of product. He has two decades of experience with ETFs, having also worked as BlackRock and Vanguard. AllianceBernstein taps Schroders for new ...