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AllianceBernstein reports preliminary AUM $880B as of February 28

AllianceBernstein (AB) announced that preliminary assets under management increased to $880B during February from $875B at the end of January. The 0.6% increase in month-end AUM was driven by market appreciation, partially offset by modest net outflows. By channel, net inflows in Private Wealth and Institutional were offset by net outflows in Retail during February.

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