Bernstein

This week, host Diana Wood and Asia Quant Strategist Rupal Agarwal discuss how Generative AI is transforming the asset management industry. They explore the current trends in AI adoption, the challenges faced by the industry, and the various use cases of generative AI for investors. Rupal highlights how AI is being used to enhance research, analysis, and client engagement by discretionary funds while opening new opportunities for quant investors. The conversation also delves into the future of pure AI led strategies and Quant (or AI) as a Service but more broadly shares insights on what’s working, what’s not and how leading firms are positioning themselves at the intersection of technology and alpha generation. Spotify: https://lnkd.in/exrMsYVd Apple: https://lnkd.in/ee7UCz-2 Available on all major streaming platforms.

Today, the Extel results for the 2025 All-America Research Survey have been published, with Bernstein at #10 alongside higher “Leaderboard” rankings at both Firm and Analyst level (vs. 2024).  Robert van Brugge, CEO of Bernstein, comments: “We are very pleased with Bernstein’s strong results in this year’s poll, and the recognition our analysts received from our clients. We are seeing strong positive momentum across our research franchise, with more top-ranked analysts than last year and strong progress across many metrics. In partnership with Societe Generale, we have increased our investments to offer our clients even more of the long-term fundamental research Bernstein is uniquely known for. Congratulations to our All-America team and thank you once again to our clients for their support and trust.” Discover our achievements below. ⏬

Last week, we hosted Bernstein University in New York. A customised three-day training program designed specifically for investors in the early stages of their investing careers (or those wanting to broaden their knowledge on the US market), attendees were immersed in Bernstein’s research culture and gained in-depth knowledge about industry sectors. Highlights included “The Ideas Exchange”, a master class in the art of effective idea pitching as well as “ECM 101: IPO Bootcamp” led by our Societe Generale Corporate and Investment Banking - SGCIB ECM colleagues. The course included extra-curricular activities including a tour of SUMMIT One Vanderbilt and a cooking class, allowing additional networking opportunities. We were also delighted to introduce a new session to this year’s programme on “Leading Effective Corporate Access” featuring guest speakers Christopher M. and Marc Silverberg from ICR, hosted by our Head of Americas Investor Access Laura Riegler, for an engaging discussion on how early-career investors can set themselves up for success when meeting with corporate management teams. Thank you for all those who have joined us this year. We hope that you have left the program with a strong foundation of knowledge of the industries we cover, as well as our differentiated and rigorous research process! #BestofBernstein

This week, host Patrick Robinson and European Autos Analyst Stephen Reitman delve into the world of Ferrari, exploring its rich history, the allure of its supercars, and the brand's strategic adaptations to market demands. They discuss the exclusivity of Ferrari's customer base, investor reactions to the company's recent capital markets day, and the intricate personalisation options available to buyers. The conversation highlights Ferrari's unique pricing strategy and its ability to maintain luxury status while navigating the evolving automotive landscape. 🏎️   Spotify: https://lnkd.in/eNpWKHBX Apple: https://lnkd.in/e3XccvZD Available on all major streaming platforms.

We are delighted to have Tanya Gan from Bernstein's Hong Kong office join this event, supporting Taikoo Women on their financial journeys. "Financial literacy and the confidence to invest are important for women to achieve personal and professional independence, and I'm passionate about helping to empower women to take control of their financial futures.” 

Please join us in welcoming Sunaina Ocalan, who joins Bernstein as our Senior Analyst and Co-Head for Americas Energy & Transition. Sunaina has more than two decades of deep experience across the energy sector including engineering, strategy, and climate leadership, and joins us from Hess Corporation, where she was the Senior Director for Corporate Strategy and Climate Change. In her role, she developed and led Hess’ plans to achieve net zero emissions, which included developing their in-house marginal abatement cost curve as well as leading the landmark $750 million carbon credit deal with the Government of Guyana. Prior to Hess, Sunaina was a Director and Senior Consultant at IHS Markit, where she worked with multiple supermajors and independent E&Ps on country entry strategies, portfolio, and development strategies.   This addition to our research team reflects Bernstein's commitment to acquiring key sector experience and industry talent. Welcome on board, Sunaina!   #BernsteinOnBoard

💻 Webinar: Are we in an AI Bubble?   Yesterday, a record number of clients joined our latest Analyst event to discuss the AI market, with our panellists expressing both optimism and scepticism about current market conditions and investment trends. Hosted by Simon Gordon (U.S. Sales) and featuring Analysts Mark Moerdler (Global Software), Stacy Rasgon (U.S. Semiconductors), Mark Newman (U.S. IT Hardware), Mark Shmulik (U.S. Internet) and Peter Weed (U.S. SMID-Cap Software), the discussion covered concerns about AI implementation challenges, market fundamentals, and the differences between current AI investments and previous tech bubbles, with participants analysing how various tech companies might be affected by AI trends. The panel also explored future developments in AI model building, deployment strategies, and the potential impact of agentic AI on different technology sectors. Thank you to all those who attended!   #BestofBernstein

We are excited to welcome Darryl Atwater, who joins Bernstein in Los Angeles as a senior US high-touch sales trader. Darryl started his career at Bear Stearns in 2000 and has spent 25 years in the business covering accounts on the west coast at several investment banks. Darryl’s deep relationships, wealth of trading knowledge, and team approach will be an asset to Bernstein, alongside our mission to provide clients with the best service possible. Darryl’s addition reflects our ongoing commitment to acquiring talent and expanding our global franchise. Welcome, Darryl! #BernsteinOnBoard

Last week, we hosted Bernstein’s 2nd ever India Conference in Mumbai – AI vs. Human – focusing on the developing AI ecosystem in India and how it is beginning to affect existing business models and inspire new ones across industries. The conference featured analysts across Bernstein’s India Research team (Venugopal Garre, Jignanshu Gor and Nandan Kulkarni), leading large corporates, startups & VCs/Consulting firms from across the AI value chain and several highly insightful speakers. Topics discussed included the proliferation of AI strategies across large established corporates and wins/reality checks thereof, the impact of AI on India’s incredibly successful IT sector & the AI led innovation in diverse industries from drug discovery to public policy. The India Consumer Conference is one of many investor conferences that has taken place around the world since the joint venture between AllianceBernstein and Societe Generale. It demonstrates Bernstein’s continued focus on producing differentiated research insights and ability to orchestrate unique events for investors by drawing on the strength of our leading research franchise. We look forward to seeing you at our upcoming events! Pictured: 1) Welcome Address | Venugopal Garre (Director of Research, India) 2) AI meets medicine – Generative Intelligence in Clinical Research | Dr. Ganesh Divekar, Consultant (Vice President) translational and clinical research, 1Cell.ai 3) State of AI in the Indian Enterprise: From POCs to P&L | Hari Balaji, Partner & Lead, Generative, EY India (AI Center of Excellence); Venugopal Garre (Director of Research, India) 4) Industrial AI in Action – Powering Precision | Ajith Nayar, CEO and Co-Founder, Camcom (AI in Automotive, Insurance and Public Service); Jignanshu Gor (Senior Analyst, India Emerging Consumer)

This week, European Transport Analyst Alex Irving, CFA joins host Patrick Robinson on the podcast to discuss how the airline industry stands currently: who is flying high, and who is in a spin. Plus, we delve into policy, geography, infrastructure and other contextual factors affecting airlines today. Spotify: https://lnkd.in/ekhYyV2r Apple: https://lnkd.in/ekkjikAr Available on all major streaming platforms.