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Richard Bernstein Advisors Names John McCombe Co-President and Director of Sales & Marketing


News provided by

Richard Bernstein Advisors LLC

Sep 09, 2010, 10:12 ET

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NEW YORK, Sept. 9 /PRNewswire/ -- Richard Bernstein Advisors LLC (RBA), an investment firm focused on "top-down" macro asset allocation and style investing, announced today that John McCombe has joined the firm as Co-President and Director of Sales & Marketing.

"We are very excited that John is joining our firm," said founder and Chief Executive Officer Richard Bernstein.  "John's well-established track record in creating and distributing products through financial professionals speaks for itself.  John has been very successful helping smaller asset managers get shelf space in the very crowded mutual fund arena, and he has strong relationships with key distribution partners.  He will work with David Bloom, Co-President and Chief Operating Officer, and me to set strategic direction for the firm and to grow assets under management."

"I am thrilled to be joining RBA's executive team," McCombe added.  "Rich is highly respected for his quantitative and contrarian approaches to asset and equity allocation, and I believe there are unique products and funds we can deliver that will help investors navigate the increasingly difficult investment landscape.  What we build at RBA is going to address investors' concerns in an innovative way."

John was formerly EVP and Director of Sales & Marketing at Cohen & Steers, and he was instrumental in helping Tortoise Capital Advisors LLC raise over $1 billion in a closed-end fund offering this July.

About Richard Bernstein Advisors

Richard Bernstein Advisors LLC (RBA) is a registered investment adviser focusing on longer-term investment strategies that combine top-down, macroeconomic analysis and quantitatively-driven portfolio construction, utilizing Mr. Bernstein's widely recognized expertise in style investing and asset allocation.  The firm's Chief Executive and Chief Investment Officer, Mr. Bernstein has nearly 30 years' experience on Wall Street, including most recently as the Chief Investment Strategist at Merrill Lynch & Co.  He is a much-noted expert on equity, style and asset allocation, and was voted to Institutional Investor magazine's annual "All-America Research Team" 18 times, including ten as the top-ranked analyst in his category.  Mr. Bernstein's book "Style Investing – Unique Insight into Equity Management" is widely viewed as the seminal book on style-oriented investment strategies.

SOURCE Richard Bernstein Advisors LLC

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