other material
confidence high
sentiment positive
materiality 0.50
AB Holding reports AUM of $757B as of May 31, 2024, up 3% from April
ALLIANCEBERNSTEIN HOLDING L.P.
- Preliminary AUM increased to $757B from $736B at end of April, a 3% increase.
- Growth driven by market appreciation and firmwide net inflows.
- Net inflows in Retail and Institutions; slight net outflows in Private Wealth.
- Equity AUM $324B, Fixed Income $290B, Alternatives/Multi-Asset $143B, all up MoM.
- AB and AB Holding (NYSE: AB) released the monthly AUM update.