ABOUT US / BM SYSTEM
Our investment
A BETTER APPROACH
Our Partnerships and Policy Advocacy We recognize that climate change is a global challenge that demands a global response. Our deep commitment to combating climate change is evidenced by our history of active involvement in climate-related organizations and initiatives, including our climate policy work and innovative partnership with the Columbia Climate School. Through the Columbia partnership, we aim to shape the next generation of professionals who are striving to address the impact of climate change and develop new solutions.
HOW IT WORKS
Our portfolios house diverse
perspectives
Multi-manager structure
We also maintain partnerships with other leading climate organizations, including the Asia Investor Group on Climate Change (AIGCC), CDP Worldwide, Climate Action 100+, the Climate Bonds Initiative, Ceres, the Institutional Investors Group on Climate Change (IIGCC) and the Net Zero Asset Managers Initiative.
Our Journey
Bernstein Management journey to net zero has been rooted in collaboration and engagement on issues and policy related to climate change and investing. We have engaged in strategic planning and research, and we have spearheaded educational initiatives with the wider industry. Our extensive work with experts from across the climate finance spectrum has helped inform our thoughtful and deliberate approach to deliver our net zero goals.
Our Portfolios with Purpose
Bernstein Management manages $524 billion in ESG-integrated assets and $31 billion in Portfolios with Purpose—strategies that go beyond ESG and climate-change integration and engagement, enabling clients to invest with purpose. Growing our Portfolios with Purpose platform is a key part of our approach to net zero. Bernstein Management has seven climate-conscious investment solutions, across its Responsible + and Sustainable product range, and we expect our range of climate-conscious solutions to expand over time.
Our investment analysts do more more
than make recommendations
The research portfolio
At most firms, analysts only recommend investments, but at Bernstein Management they typically have the opportunity to actually invest in their highest conviction ideas. Most funds have research portfolios managed by analysts.
Long-Term: patient, disciplined, intelligent investing
As long-term business owners – not traders or speculators – we can capitalize on the fear and greed that drive short-term market prices by investing with a five-plus year horizon, using objective intrinsic values.
We have maintained our long-term discipline since our inception, even as time horizons for most investors have moved meaningfully shorter. As long-term, bottom-up, fundamental business appraisers, volatility is our friend and enables time horizon arbitrage. Short-term market price dislocations give us the opportunity to own discounted, high quality businesses run by partners who compound long-term value, which are temporarily out of favor. Because Bernstein Management is independent and employee-owned and our employees are collectively our own largest client, we can stick to our long-term discipline, even in times when it feels difficult to do so. However, it is not enough to be a long-term investor; you must also have a client base that will think and act long-term. We have aligned ourselves with our clients by investing alongside them in our funds, closing our strategies when it would benefit our shareholders to do so and maintaining an open dialogue over time. We are fortunate to have developed a strong base of likeminded, long-term, aligned clients who have allowed us to successfully pursue our approach .