AllianceBernstein (AB) Announces Increase in February for Assets Under Management
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AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. reported that during the month of February, preliminary assets under management increased by approximately $4 billion, or 0.8%, to $484 billion at February 28, 2010 due to positive investment performance; net flows were neutral as net inflows in the Retail channel mostly offset net outflows in the Institutions channel.
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