AllianceBernstein (AB) Misses Q2 EPS by 4c

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Go back to AllianceBernstein (AB) Misses Q2 EPS by 4c

AllianceBernstein Holding L.P. Announces Second Quarter Results

July 28, 2016 6:46 AM EDT

NEW YORK, July 28, 2016 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended June 30, 2016.

"In another volatile quarter characterized by social and political unrest, uncertainty about economic growth and interest rates, and the steady march of assets from active to passive strategies, we were pleased to attract $3.5 billion in net inflows - up 59% both sequentially and year-on-year - with positive flows across all three of our client channels," said Peter S. Kraus, Chairman and Chief Executive... More