AllianceBernstein Reports $867 Billion in Assets Under Management

Reuters01-13
AllianceBernstein Reports $867 Billion in Assets Under Management

AllianceBernstein Holding LP announced that its assets under management (AUM) increased to $867 billion, up from $865 billion the previous month. The $2 billion rise was attributed to market appreciation, while total net flows for the month were slightly negative. For the quarter, firmwide net outflows totaled approximately $5.0 billion, with strong inflows in Private Wealth and Institutional segments offset by Retail outflows.

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