AB March AUM rises to $759B from $746B; $3B low-fee passive redemption offset by market gains

ALLIANCEBERNSTEIN HOLDING L.P.

Preliminary AUM $759B at March 31, 2024, up 2% from $746B at end of February.
Increase driven by market appreciation, partially offset by net outflows.
Excluding a $3.0B low-fee passive institutional redemption, firm-wide net flows were positive in March.
Net flows positive in each channel excluding the passive redemption.
Breakdown: equity $329B, fixed income $287B, alternatives/multi-asset $143B.

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