AllianceBernstein (AB) announced that preliminary assets under management decreased to $781B during April 2025 from $785B at the end of March. The 0.5% decline in AUM was primarily driven by firmwide net outflows, mainly within the institutional and retail channels, with private wealth also experiencing slight outflows.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AB:
- AllianceBernstein’s Earnings Call: Growth Amid Challenges
- AllianceBernstein price target raised to $37 from $36 at Barclays
- AllianceBernstein Holding Reports Stable Earnings Amid Asset Decline
- AllianceBernstein reports Q1 adjusted EPS 80c, consensus 78c
- AllianceBernstein Holding (AB) Q1 Earnings Cheat Sheet