other material
confidence high
sentiment positive
materiality 0.65
AB preliminary AUM rises to $860B in Sept; net inflows ex EQH-RGA $1.8B
ALLIANCEBERNSTEIN HOLDING L.P.
- Preliminary AUM $860B as of Sept 30, up 2% from $844B at Aug 31.
- Increase driven by market appreciation and modest net inflows.
- Excluding $4B outflow from EQH-RGA reinsurance, quarterly net inflows ~$1.8B.
- Retail net outflows partially offset by Private Wealth and Institution inflows.
- AUM by type: Equity $359B, Fixed Income $310B, Alternatives/Multi-Asset $191B.