other material
confidence high
sentiment negative
materiality 0.50
AllianceBernstein AUM falls to $737B in April, down 3% from March
ALLIANCEBERNSTEIN HOLDING L.P.
- Preliminary AUM decreased $22B to $737B as of April 30, 2024, from $759B at March 31, 2024.
- Market depreciation outweighed positive net inflows, resulting in a 3% overall decline.
- Retail channel saw net inflows; Institutions and Private Wealth posted net outflows.
- Equity AUM $313B, Fixed Income $284B, Alternatives/Multi-Asset Solutions $140B at month-end.