In the Margins

Moody's more positive than most on AB

May 9, 2017

By Barron's

AllianceBernstein's share price has fallen more than 5% since the abrupt removal of its chairman and CEO Peter Kraus and eight board directors. While AB investors and analysts were alarmed by the leadership change, Moody's Dean Ungar does not believe the personnel changes signal "negative developments" ahead. Read the original story from Barron's.

 

 

Most Read

Top of the Agenda - Governance
Fund industry 'pioneer' Dorothy Berry dies

Long-serving independent director Dorothy Berry has died at 75. She was independent chair of Professionally Managed Portfolios and an independent director of PNC Funds who served ...

Top of the Agenda - Succession
Donohue joins two BNY Mellon Funds board groups

Andrew "Buddy" Donohue has joined two of the five BNY Mellon (formerly Dreyfus) mutual fund board groups led by long-serving independent Chairman Joseph DiMartino. Donohue resigned ...