AllianceBernstein (AB) Tops Q3 EPS by 3c
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AllianceBernstein Holding L.P. Announces Third Quarter Results
October 28, 2021 6:20 AM EDTNASHVILLE, Tenn., Oct. 28, 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 September 30, 2021.
"AB's differentiated investment solutions, combined with our strength in global distribution, continued to deliver for our clients," said Seth P. Bernstein, President and CEO of AllianceBernstein. "Net inflows were $7.2 billion, or 4% annualized organic growth. All three client channels posted net inflows, for the fourth time in the last five quarters, driven by strong organic growth in active equities (including ESG) and municipals.... More
