AllianceBernstein (AB) announced that preliminary assets under management increased to $803B during May from $781B at the end of April. The 2.8% increase in month-end AUM was driven by market appreciation, partially offset by net outflows. By channel, private wealth experienced slight inflows, which were offset by institutional and retail outflows.
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Read More on AB:
- AllianceBernstein Appoints New Board Member Robin Raju
- AllianceBernstein Reports April 2025 Asset Management Update
- AllianceBernstein reports preliminary AUM $781B as of April 30
- AllianceBernstein’s Earnings Call: Growth Amid Challenges
- AllianceBernstein price target raised to $37 from $36 at Barclays
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