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AllianceBernstein makes late push into ETFs

AllianceBernstein

AB plans to launch active ETFs in the U.S. later this year, and it has recruited Noel Archard from State Street to head the effort.

In the category of better late than never, it looks as if AllianceBernstein is getting into the ETF space.

The 55-year-old Nashville, Tennessee-based asset management company, which has approximately $700 billion under management in mutual funds and separate accounts, Wednesday announced the hiri

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