This blog is part of a new series on the Institutional Investor website entitled Global Market Thought Leaders, a platform that provides analysis, commentary, and insight into global markets and the economy from the researchers and risk-takers at premier financial institutions. Our first contributor in this new section of Institutionalinvestor.com is AllianceBernstein, who will be providing analysis and insight into equities.

Although 2011 was mostly a rough ride for U.S. equity investors, the S&P 500’s 11.8% fourth-quarter gain was enough to move the index into positive territory for the year. The Russell 1000 Growth benchmark ended up for the year as well. ....

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