US investment giant AllianceBernstein opens Irish office to serve EU market

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Central-Bank-Of-Ireland

group, which has more than $800 billion (€740bn) of assets under management, has appointed Irish funds executive Phelim Keogan as country head of the office here

AllianceBernstein, a US investment giant, has opened an office in Dublin to service clients in the European Union having secured an investment firm licence with the Central Bank of Ireland.

Mr Keogan will oversee a specialist team that will provide compliance, risk and investment oversight for its portfolio management services in AllianceBernstein offices across the EU as well as a project management office for the wider Europe, Middle East and Africa region, it added. It is not clear how many people will ultimately be employed in Ireland.

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