The Empire Life Insurance Co. announced the appointment of global investment management firm Sanford C. Bernstein & Company LLC (AllianceBernstein) on Wednesday as portfolio advisor for the international component of some segregated funds offered by Empire Life.

“AllianceBernstein is a world-class fund manager known for its industry-leading research and innovation. Its investment style and philosophy is very similar to that of our own investment team,” says Deborah Frame, vice president and chief investment officer of Empire Life.

AllianceBernstein replaces UBS Global Asset Management Co. as portfolio advisor. Empire Life remains the Fund manager for all of its segregated funds and the investment philosophy of the funds has not changed. AllianceBernstein will act as portfolio advisor for the Global Equity fund, International Equity fund and International Equity sub-fund, which provides foreign equity exposure for a number of Empire Life Segregated Funds.

“AllianceBernstein will employ a focused approach to the portfolios with typically no greater than sixty equities in each fund. This is in keeping with our own philosophy of value and capital preservation,” says Frame.