AllianceBernstein (AB) witnesses a solid improvement in the May 2024 AUM balance driven by upbeat markets and inflows.
AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management increased to $757 billion during May 2024 from $736 billion at the end of April. The 3% increase was driven by market appreciation and firmwide net inflows. By channel, net inflows in Retail and Institutions were partially offset by slight net outflows in Private Wealth.
NORTHAMPTON, MA / ACCESSWIRE / June 11, 2024 / As PRIDE month begins, AllianceBernstein is proud to honor our LGBTQ+ community and allies. Our Employee Resource Group, ABOut, will hold informative and inclusive events throughout the month. Join us ...