FRESH START: Goodbye to AllianceBernstein’s CEO

Posted on 05/01/2017


In an industry shakeout, money manager AllianceBernstein has struggled as many active asset managers have lost ground to passive strategies such as smart beta and the rapid adoption of exchange-traded funds (ETF). Peter Kraus has been fired from being CEO of AllianceBernstein Holding LP, according to a securities filing. Kraus, a former executive from Goldman […]