AllianceBernstein has launched the AllianceBernstein International Discovery Equity portfolio, a bottom-up fund that will look for small- and mid-cap companies outside the U.S. with strong prospective earnings growth, valuation and management.

The fund aims to hold between 150 and 200 stocks at any given time.

Liliana Dearth, an investment professional with 19 years of experience, 11 of them at AllianceBernstein, will manage the fund.

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