Andrew Birse
14 Years at AB|23 Years of Experience
Andrew Birse was appointed Chief Investment Officer of European Value Equities in November 2022 after serving as portfolio manager of European Value Equities since March 2016. He has also served as Chief Investment Officer of International Small Cap Equities since 2021 and has managed the International Small Cap and European Small Cap Equities services since inception in 2014 and 2017, respectively. Prior to joining the firm as a research analyst in 2010, Birse spent seven years in the Corporate Finance Group at McKinsey & Company, working in the firm's London, Sydney and Auckland offices. He holds a BCom (honors) in finance and a BA in history and economics from the University of Auckland, and an MSc in economics and philosophy from the London School of Economics. Location: New Zealand
Published Work
Investors in European bank shares have been rattled by recent turmoil in the sector. But many banks are in much better shape than widely perceived.
A closer look at sector and industry performance in European stock markets can help guide investors through these uncertain times.
In business as in life, a healthy sense of self-awareness is often the first step to meaningful change. Companies that are conscious of their flaws and eager to address the root problems offer a source of solid return potential for equity investors who identify the turnaround stories early.
European stocks have lagged developed market peers. But selective equity investors can find promising potential in undervalued companies that are poised to recover in a post-pandemic world.
European equity markets are still struggling to overcome the effects of the pandemic. But diligent investors can find surprising investment candidates.
How can you know how well a company is dealing with ESG challenges? Integrating ESG issues in fundamental research adds insight on sustainability performance.
With Brexit headlines dominating the European news, equity investors face an ongoing challenge. Building resilient portfolios requires a clear view of the long-term outlook for European companies that also reflects major short-term political uncertainties.
With so much politically driven volatility in Europe, it's easy to lose sight of what's really happening in the markets. Investors in European stock markets should watch three big themes that we think will shape the environment next year.
From advances by populist movements to withdrawal of monetary stimulus, investors in Europe are facing tough hurdles at every turn. But despite the challenges, Europe's relative value has improved and selective investors can identify many opportunities in regional fixed income and equity markets.
Tawhid Ali and Andrew Birse, who manage European equity portfolios at AllianceBernstein, explain why a private equity approach to public equity markets can help create a portfolio that can deliver strong returns over the long-term, no matter how tough the market environment may get.
European companies often see engaged equity investors as the enemy. But there's a new breed of activist investors who aren't aggressive and share the same long-term interests as management. Let's work together toward the best outcome for all stakeholders.
European stock markets are looking prettier in 2018 amid improving macroeconomic growth and easing political risk. Yet the continent's equity ponds are still full of ugly ducklings-stocks that may not look attractive on the surface but have the potential to turn into swans.
Investors in European stocks are facing multiple sources of risk. Applying the mindset of strategic business owners can help tune out the noise and sharpen investor' focus on more resilient sources of return potential.
With political uncertainty spreading across Europe, equity investors are feeling anxious. By focusing on companies that aren't really exposed to regional instability, we think investors can discover resilient sources of return potential.