AllianceBernstein (AB) Tops Q2 EPS by 8c

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Go back to AllianceBernstein (AB) Tops Q2 EPS by 8c

AllianceBernstein Holding L.P. Announces Second Quarter Results

July 29, 2021 6:20 AM EDT

NASHVILLE, Tenn., July 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 June 30, 2021.

"We continue to drive consistent organic growth across our diversified global platform," said Seth P. Bernstein, President and CEO of AllianceBernstein. "Active net inflows were $6.7 billion, or 4% annualized organic growth, including both the final quarter of planned AXA redemptions and outflows from the Venerable transaction. Once again all three client channels grew, driven by double-digit annualized organic growth in active equities (including ESG),... More