AllianceBernstein (AB) has hired Lee Matthews (pictured) as director, UK Sales, based in London.
Matthews will be responsible for servicing the UK wholesale market with an initial focus on the discretionary channel.
He was most recently a senior business development manager at Aberdeen Standard Investments, where he was involved in growing and retaining assets through the discretionary channel.
In his new role, he will report to Jose Cosio, head of Global Financial Institutions at AB.
The firm has launched the first phase of its new online product portal in EMEA as part of the firm’s efforts to better service clients digitally.
“The UK wholesale space forms a key component of AB’s strategic expansion into the European intermediary market,” commented Cosio.
“Clients expect asset managers to offer increasingly high levels of customisation and transparency when it comes to selecting products and capabilities. With an expanded UK sales team in London and a newly launched online portal, we are well placed to provide a more tailored service to the UK’s discretionary and sub-advisory channels,” he said.
AB had $569bn in assets under management as of 31 January 2018.