Global law firm K&L Gates has advised AllianceBernstein on the launch of AB Global Strategic Core Equities Fund – Active ETF as an actively managed exchange-traded fund (ETF) on the Cboe exchange in Australia. AB Global Strategic Core Equities Fund – Active ETF is now the second ETF AllianceBernstein has available for access on the Cboe exchange.
AllianceBernstein is a leading global investment management firm that offers diversified investment services in major world markets. It is one of the largest global investment management firms, with approximately US$839 billion in assets under management as of March 2026.
Initially launched in 2024, AB Global Strategic Core Equities Fund – Active ETF has been quoted for trading on Cboe as a 'dual access model' ETF and provides investors with access to AllianceBernstein's global equity strategy through the ETF structure. The new ETF aims to achieve its investment return objective by investing in equities anywhere in the world including developed and emerging markets. Units in AB Global Strategic Core Equities Fund – Active ETF commenced trading on Cboe on 14 April 2026 under the ticker symbol "SCOR".
The K&L Gates team was led by Sydney Asset Management and Investment Funds partner Matthew Watts, with additional support from associates Michelle Huo and Dorothy Sam.
Watts said: "We congratulate AllianceBernstein on the successful launch of this second dual access ETF, which positions them to capture increasing demand for active ETF strategies in Australia. We enjoyed partnering with the local and international teams at AllianceBernstein, whose strong market knowledge and practical approach supported a smooth and efficient launch."