Alliance Bernstein
Every day brings a new set of investment challenges and opportunities. Through our unique combination of expertise, research and global reach, we work tirelessly to anticipate and advance what's next—applying collective insights to help keep our clients at the forefront of change. Learn more here .
Articles by Alliance Bernstein
- Retirement & Income Planning
Can Dynamic Defaults Make Retirement Income More Secure?
There’s a reason that target-date funds have earned a place as the dominant QDIA in DC plans: they solve a tough investment challenge in a simple and efficient way.
- Active Insights
Beyond AI: Why Small-Cap Stocks Could Have More Room to Run
After years in the shadow of mega-cap tech, small-caps are presenting a more compelling case for inclusion in equity allocations.
- Active Insights
When Markets Get This Concentrated, What You Don’t Own Matters
When the benchmark gets crowded, the courage to say “no” may prove more valuable over time than defaulting to “yes.”
- Research
The AI Boom Has a Water Problem Investors Can't Ignore
Water scarcity and purity are critical risks for semiconductor makers in the AI era. **Written by: Sara Rosner , Michael Puma , Henna Nordqvist , and **** James Russo ** **As companies race to capitalize on the AI boom, water security is emerging as a material risk across the value chain.
- PowerAdvice
Strong Earnings May Not Be as Strong as They Appear
The S&P 500 is heading for a bumper earnings year, but what’s been driving the growth? US earnings are set to grow briskly in 2026, but much of the expected gains are being driven by expanding profit margins that may be hard to sustain.
- PowerAdvice
Power Demand Is Rising Fast. These Energy Investments Could Benefit
While opportunities abound across the energy value chain, renewables may come onstream the fastest.
- Artificial Intelligence
Markets Are Priced for AI Perfection. Investors Should Pay Attention
Written by: Nelson You **Global equities rebounded in the second quarter as confidence in the AI investment cycle strengthened.
- Research
AI Boom Is Reshaping Markets and Reviving Value Investing
Why have value stocks been more durable than expected in today’s uncertain market environment?
- Artificial Intelligence
Phase Two of AI Has Begun—and It’s All About Financing
Technology prowess and financing discipline will determine who stays ahead in the AI race.
- Research
The New Rules of Active Investing in an AI-Driven Market
For asset owners, the key question is where and how active strategies can be most effective.
- Active Investing
Investors Seeking Reliable Alpha May Need a Different Active Management Strategy
Big benchmark bets can backfire. Lower-risk strategies may better showcase real stock-picking skill.
- Market Intelligence
Five High-Yield Bond Opportunities Investors Should Watch Closely
As market conditions shift, opportunities stand out. With tensions simmering in the Middle East and the global economy feeling the pinch of high energy prices, high-yield bonds might not be on every investor’s radar.
- Market Intelligence
The Iran War’s Real Market Risk? It’s Bigger Than Oil—and Investors May Be Missing It
Energy prices matter—but the bigger shock may hit other areas that feed into inflation and growth.
- Active Investing
Falling Medtech Shares May Be Creating a New Opportunity for Investors
How can medical technology companies diversify an equity allocation to healthcare?
- Market Intelligence
How Advanced Optimizers Are Reshaping Bond Portfolio Strategy in Real Time
The best bond optimizers can create new dimensions for portfolio managers. Technology is transforming bond investing, across research, trading and—through optimizers—portfolio construction.
- Multimedia
Market Anxiety Is Rising—Here’s How Advisors Can Turn Geopolitics Into Client Confidence
Guide clients with confidence and invest with clarity, this conversation shows you where the real signals are in spite of current geo-political conflicts.
- Market Intelligence
War, Inflation Pressure, and AI Disruption Are Driving Market Rotation
Markets are pricing in a wider range of scenarios as geopolitics and AI reshape the landscape.
- Market Intelligence
Municipal Bond Market Rewards Active Investors as Passive Strategies Fall Short
In today’s era of automation, some situations demand a more active approach. Municipal bond investing is one.
- Artificial Intelligence
Managing AI Hallucinations Is Becoming a Core Business Skill
Five techniques can help human experts tame hallucinations and make models more effective.
- Business Growth
Advisors Risk Losing Future Assets Without a Next-Generation Strategy
The wealth transfer didn’t create a new problem; it exposed one advisors have postponed for decades.
- Market Intelligence
Energy Shock From Iran Conflict Puts Central Banks in a Difficult Position
The size and duration of the oil-price shock are key variables in determining the ultimate impact.
- Active Investing
AI Disruption Debate Intensifies as Software Valuations Reset
AI concerns are forcing a rapid reset of software stocks. But disruption rarely unfolds as fast as markets expect.
- Research
Emerging Markets Rebound 33% — Still Attractive or Fully Priced?
Earnings growth could continue energizing an emerging-market stock recovery. After underperforming for much of the last decade, emerging-market (EM) equities rebounded nicely in 2025.
- Research
Power Demand Is Surging — Private Lenders Positioned To Capture Returns
As policy uncertainty recedes, the focus returns to capital deployment. The global energy transition is accelerating, and 2026 is shaping up to be an active year for renewable energy development.
- Research
Private Credit Explained: Returns, Risks, and Role in a Diversified Portfolio
Private credit isn’t as exotic as it may seem. Private credit has been in the news lately.
- Market Intelligence
Mapping the Natural Hazards That Will Reshape Communities and Investments
New research connects intensifying natural perils to their future implications for asset classes.
- Research
AI Strategy Starts With Risk, Not Technology
AI’s power can be transformative—a well-rounded plan for deploying it can help. Even though it’s still early days in the age of artificial intelligence (AI), it sometimes feels like this innovation has been around forever.
- Market Intelligence
After a Volatile 2025, the Dollar Faces Another Tug-Of-War
We expect more volatility than direction for the US dollar in 2026. Former Federal Open Market Committee Chairman Alan Greenspan famously observed that forecasting foreign exchange was like flipping a coin.
- Market Intelligence
Style Rotations Are Speeding Up—Is Your Core Equity Portfolio Ready?
Trying to time shifts in factor and style performance can result in unintended risk without excess returns.
- Retirement & Income Planning
From Fear to Freedom: How Lifetime Income Can Transform Retirement
Fear of running out of money makes many retirees leery of spending down their nest egg—guaranteed income may help.
- Research
Seven Fixed-Income Strategies for 2026 in a Slower, More Fragmented World
2025 was a banner year for bonds. We think more of the same is in store for 2026. Fixed income enters 2026 from a position of strength.
- Market Intelligence
M&A Is Back: Why 2025’s Surge in Deal Activity Could Set up Another Strong Year in 2026
Deal flow is likely to remain strong. When it comes to mergers and acquisitions (M&A), 2025 has seen the most activity and some of the strongest returns since the post-pandemic period when dealmaking soared.
- Research
Inside the AI Financing Engine: Why Hyperscalers Need Both Public and Private Debt
We see benefits in sharing funding needs across public and private markets. Increasing numbers of investment-grade corporate borrowers are tapping private credit to finance major infrastructure projects.
- Retirement & Income Planning
The SECURE Path to Guaranteed Retirement Income: Innovations and Guidance for DC Plans
Default option seems like such a good thing, why aren’t all plans doing it? We think it boils down to two concerns: fiduciary and flexibility.
- Market Intelligence
When Passive Stops Working: Why Extreme Concentration Sets the Stage for an Active Comeback
How can skilled active managers navigate periods of high market concentration and disruptive forces?
- Research
As Market Concentration Hits, Defensive Quality Stocks May Be the Only Safe Path Forward
Even amid rising markets, investors in US equities should be aware of the hazards of a fast-changing environment.
