AllianceBernstein's (AB) July AUM Rises on Market Appreciation
ABAllianceBernstein L.P.(AB) ZACKS·2024-08-13 23:36

AllianceBernstein Holding L.P. (AB) has announced assets under management (AUM) for July 2024. The company’s preliminary month-end AUM of $777 billion reflects a roughly 1% increase from the end of June 2024.The increase was primarily driven by market appreciation. This was partly offset by net outflows in the Institutions and Private Wealth channel. AB recorded net inflows in the Retail channel.At the end of July, AllianceBernstein’s Equity AUM rose marginally on a sequential basis to $331 billion. Alterna ...