Insurance Asset Risk Awards 2025 - North Americas

Investment team of the year - Asset Manager: AllianceBernstein

AllianceBernstein's (AB) insurance portfolio management team secured Investment team of the year by delivering strong, liability-aware results despite market volatility, while deploying a holistic approach that integrates both public and private asset classes.

Managing $89bn directly and overseeing another $22bn with insurers, the 14-person team has had success in analysing relative value across asset classes and integrating insurance-specific considerations into its existing fixed income platform, which has enhanced liquidity management and decision-making.

The team has outperformed benchmarks while cannily avoiding pitfalls such as major losses from binary-outcome investments like Russia and Credit Suisse AT1s, reflecting a disciplined approach to capital preservation.

By combining deep experience, proprietary analytics, and global resources, AB continues to provide insurers with resilient, customised solutions.