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The views expressed herein do not constitute research, investment advice or trade recommendations, and do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.
For illustrative purposes only. There can be no assurance that any investment objectives will be achieved.
Source: AllianceBernstein (AB)
The views expressed herein do not constitute research, investment advice or trade recommendations, and do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.
Tiffanie Wong is a Senior Vice President and Director of Fixed Income Responsible Investing Portfolio Management. In this role, she is part of the leadership team that develops responsible investment strategy across AB's Fixed Income business, particularly related to integrating environmental, social and governance considerations throughout the team's portfolio construction processes and overseeing management of several of the team's sustainable strategies. Wong also serves as Director of Global & US Investment-Grade Credit, responsible for the management and strategy implementation of the firm's Global & US Investment-Grade Credit portfolios, including total-return and income-oriented credit strategies for institutional and retail clients. She has worked closely with AB's Quantitative Research team to leverage the firm's technology innovations within fixed-income trading and research to apply a more systematic approach to AB's credit investing. Prior to joining AB's Fixed Income portfolio-management team, Wong served as an associate portfolio manager on the Credit team, focusing on various strategies for the Global and US Credit portfolios—including total return, buy and hold, and liability matching. Before joining AB in 2012, she was a fixed-income portfolio analyst and trader at Segall Bryant & Hamill and a fixed-income portfolio associate at Wells Capital Management. Wong holds a BA in economics with a minor in business institutions from Northwestern University and is a CFA charterholder. Location: New York
Timothy Kurpis is a Senior Vice President and Portfolio Manager for US Investment Grade Credit. In this capacity, he is responsible for the management and strategy implementation of the firm’s US Investment-Grade Credit portfolios, which include both total-return and income-focused strategies for institutional and retail clients. Kurpis is also a member of our Responsible Investing and Canadian Fixed Income portfolio-management teams. He has partnered with AB’s Quantitative Research and Technology teams to leverage the firm’s technology innovations within fixed-income trading and research to apply a more systematic approach to AB’s credit investing. Prior to joining AB’s Fixed Income portfolio-management team, Kurpis served as head of Investment Grade Credit Trading and head of London Trading. He spent four years in AB’s London office from 2014 to 2018, building out the firm’s European trading capabilities. During his time in trading, Kurpis was instrumental in the build-out of AB’s industry-leading trading tools, including ALFA and AbbieX, as well as pioneering new trading protocols such as portfolio trading. He joined the firm in 2010 as a rotational associate. Kurpis holds a BA in economics with a minor in mathematics from Gettysburg College and is a CFA charterholder. Location: New York
Will Smith is a Senior Vice President and Director of US High Yield Credit. He is also a member of the High Income, Global High Yield, Limited Duration High Income, Short Duration High Yield and European High Yield portfolio-management teams. Smith designed and is one of the lead portfolio managers for AB’s Multi-Sector Credit Strategy, which invests across investment-grade and high-yield credit sectors globally. He leads the monthly High Yield portfolio-construction meeting, and is a member of the Credit Research Review Committee, which determines investment policy for the firm’s credit-related portfolios. Smith has authored several papers and blogs on high-yield investing, including one on the importance of using a probability-based framework to build better portfolios. He joined AB in 2012, and spent 2014 in London as part of the European High Yield portfolio-management team. Smith started his career with UBS Investment Bank, working as an analyst with the Credit Risk team and then later on the Fixed Income sales and trading desk. He holds a BA in economics from Boston College and is a CFA charterholder. Location: Nashville
The evolving high-yield markets make the case for a global, multi-sector approach to generating income.
Gershon Distenfeld, Fahd Malik, Monika Carlson | 03 February 2025Investors may find better opportunities when they apply a wider lens.
Monika Carlson, Fahd Malik | 17 January 2025New policies could disrupt markets, but high starting yields and strong demand for income should provide ballast.
Tiffanie Wong, Will Smith, Robert Hopper | 15 January 2025This information is for exclusive use of the wholesale person to whom it is provided and is not to be relied upon by any other person. It is not intended for retail or public use and may not be further distributed without prior written consent of ABAL.
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