AllianceBernstein (AB) AUM Moves Slightly Lower in May
Tweet
Share
E-mailGet Alerts AB Hot Sheet
Join SI Premium – FREE
AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that preliminary assets under management decreased to $452 billion during May 2013 from $453 billion at the end of April. The 0.2% decrease was largely driven by market depreciation in fixed income, with the negative impact of foreign exchange movements a significant contributor. Firmwide net flows were again positive, with net inflows to the Institutions and Retail channels partially offset by net outflows from Private Client.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing names Ryan Shedd as new SVP and controller
- Sigma Lithium resumes full operations after signing TAC agreement
- Hinge Health signs $86M office lease in San Francisco
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
