AllianceBernstein continues to set out its stall for UK investors with potential investment trust

Sixth OEIC recently added to suite

James Baxter-Derrington
clock • 2 min read
AllianceBernstein head of UK and Ireland wholesale Lee Matthews
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AllianceBernstein head of UK and Ireland wholesale Lee Matthews

AllianceBernstein has continued to grow its presence in the UK market with a sixth OEIC and plans for more, just three years since it entered the space with its first OEIC.

Speaking to Investment Week, head of UK and Ireland wholesale for the firm Lee Matthews reflected on the firm's success to date. "When I joined AB [in 2018], it was just me and we did not really have much exposure to domestic clients," he said. "My remit was to really build out the wholesale channel, but AB do things incrementally. "Fast forward to today, we have a team of four frontline salespeople, a support team of two and we are on the verge of another person coming in. In terms of resource, our coverage model for the UK is now pretty exhaustive." AllianceBernstein brings $4bn ...

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