AllianceBernstein Signals Move Into ETFs With Job Posting
- Asset manager is searching for head of ETF capital markets
- Investor enthusiasm for ETFs is proving hard to ignore
Pedestrians walk along Wall Street near the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
AllianceBernstein Holding LP is signaling that it may enter the exchange-traded funds business by advertising a job opening for an important role overseeing ETF trading.
In a post on LinkedIn, the asset manager said it’s seeking a head of ETF capital markets. The job description includes working with market makers and tracking ETF trading. The position also requires helping clients with their ETF trading so that they achieve best execution. AllianceBernstein doesn’t have any ETFs on the market.