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Benzinga
Benzinga
Business
Chandrima Sanyal

AllianceBernstein Adds 2 Bond ETFs To Meet Rising Demand For Safer, Flexible Income

AllianceBernstein ETF Jane Street NYM New York
ETFs

AllianceBernstein continued to expand its lineup of actively managed fixed income ETFs, with the release of two new products: the AB New York Intermediate Municipal ETF (NYSE:NYM) and the AB Core Bond ETF (NYSE:CORB). The firm said that global trading firm Jane Street will act as the lead market maker for both funds.

With the most recent launches, AllianceBernstein’s active fixed income ETF assets have swelled to more than $5.5 billion, while its broader active ETF platform has crossed the $10 billion mark in assets under management.

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