AllianceBernstein January AUM rises on market appreciation

|About: AllianceBernstein Holding L.P. (AB)|By:, SA News Editor

AllianceBernstein (NYSE:AB) preliminary assets under management increased of $538B at Jan. 31, 2019 increases 4.3% from $516B at the end of December, driven by market appreciation partly offset by total firmwide net outflows.

By channel, net outflows from Institutions exceeded net inflows to Retail and Private Wealth.

Previously: AllianceBernstein Q4 operating margin narrows to 29.3% (Feb. 13)

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