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AB FCP I-Dev Mkts Multi-Asset Income Pf AX USD

Ranked 11 out of 148 in - Conservative USD over 12 months
All calculations are in USD unless stated

Managed by

Morgan Harting

Morgan C. Harting is the lead Portfolio Manager for all Multi-Asset Income strategies. He also manages the Emerging Markets Multi-Asset Portfolio and is a member of the portfolio team for the Frontier Emerging Markets Portfolios. Harting joined AB in 2007 as part of the global and emerging-market equities portfolio-management team. Prior to that, he was a sovereign-debt analyst, first at Standard & Poor’s and then at Fitch Ratings, where he was a senior director. Harting holds a BA from Wesleyan University, and both an MA in international relations and an MBA from Yale University, where he was a graduate teaching fellow in international economics. He is a CFA charterholder and a Chartered Alternative Investment Analyst (CAIA).

Dan Loewy

Dan Loewy is based in New York and is co-head and CIO multi-asset solutions at AllianceBernstein. He has been with the firm since 1996 and currently manages the Global Conservative Wealth Fund and Dynamic Diversified Fund dealing in global all markets, using top-down, fundamental and quantitative and tactical investment styles. Dan is a chartered financial analyst and holds a Masters in Business Administration; he graduated from Cornell University where he studied Industrial and Labour Relations and outside of work, Dan enjoys tennis, chess and music.

Vadim Zlotnikov

Vadim Zlotnikov is Chief Market Strategist, Co-Head of Multi-Asset Solutions and Chief Investment Officer for Systematic and Index Strategies at Alliance Bernstein. As Chief Market Strategist, he provides macro and quantitative research that helps identify thematic investment opportunities. As Co-Head of Multi-Asset Solutions, Zlotnikov manages the development and implementation of integrated investment portfolios for the retirement, institutional and retail markets. As CIO for Systematic and Index Strategies, he is responsible for ensuring that individual products meet investment objectives. Zlotnikov served as CIO of Growth Equities from 2008 to 2010. From 2002 to 2008, he was chief investment strategist, responsible for developing portfolio recommendations for the US market and for separate quantitative analysis and money-management research products. Prior to that, he was an analyst covering the PC and semiconductor industries; he launched the technology strategy product in 1996. Before joining the firm in 1992, Zlotnikov spent six years as a management consultant with Booz Allen Hamilton, where he conducted a broad range of strategic and operational studies for technology companies. He also worked for Amoco Technology Company as a director of electronic ventures and spent two years as a research engineer with AT&T Bell Laboratories. He has been named to the Institutional Investor All-America Research Team in the semiconductor components, strategy and quantitative research categories. Zlotnikov holds a BS and an MS in electrical engineering from the Massachusetts Institute of Technology and an MBA from Stanford University.

Objective

The investment objective of the Portfolio is income generation and long-term growth of capital. The Portfolio seeks to meet its investment objective by obtaining exposure primarily to the equity and debt securities of developed market issuers. The Investment Manager will actively allocate between equity securities, fixed-income securities, currencies, cash and cash equivalents in seeking to achieve the Portfolios investment objective. Normally, the Portfolio targets a balanced weighting between equity and fixed-income securities, though thus will vary depending on market conditions.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Conservative USD over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 3.6% 2.3% 2.6%
2016 7.0% 2.1% 2.4% 2.3% -0.1%
2015 -3.4% 2.1% -1.8% -4.9% 1.3%
2014 0.0% 1.7% -1.4%
2013 6.3% 1.9% -0.3% 2.5% 2.2%
2012 4.9% 4.4% -2.5% 2.1% 1.0%
2011 -3.7% 1.1% 0.1% -7.0% 2.3%
2010 5.4% 1.8% -3.6% 5.3% 2.1%
2009 16.1% -3.2% 8.5% 8.6% 1.9%
2008 -20.9% -3.6% -2.2% -8.6% -8.2%
2007 4.7% 1.1% 1.6% 2.2% -0.2%
2006 7.9% 2.1% -0.8% 2.8% 3.6%
2005 5.4% -0.6% 1.6% 3.0% 1.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Bahrain
  3. Finland
  4. Germany
  5. Hong Kong
  6. Iceland
  7. Korea
  8. Luxembourg
  9. Macau
  10. Netherlands
  11. Norway
  12. Singapore
  13. Spain
  14. Sweden
  15. Switzerland
  16. Taiwan

Fund Info

  • Launch date02/11/2004
  • Share Class size97Mn
  • Base currencyUSD
  • ISIN LU0203201768

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management1.15%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).