AllianceBernstein (AB) Tops Q1 EPS by 6c

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Go back to AllianceBernstein (AB) Tops Q1 EPS by 6c

AllianceBernstein Holding L.P. Announces First Quarter Results

April 29, 2021 6:20 AM EDT

NEW YORK, April 29, 2021 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended March 31, 2021.

"Our globally diversified platform continued to drive balanced and consistent organic growth, in a dynamic market environment," said Seth P. Bernstein, President and CEO of AllianceBernstein. "We generated active net inflows of $6.5 billion, or 4% annualized organic growth. Aligned with our firm strategy, net inflows across all three client channels were driven by strength in active equities (including ESG), alternatives, and municipals. Our... More