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AB - AllianceBernstein marks 3% growth in October prelim AUM
Alliance Bernstein Holding L.P. Units
AllianceBernstein (NYSE:AB) reported October prelim AUM of $765B compared to $742B at the end of September end. The 3% growth was led by market appreciation and firmwide net inflows. Net inflows to retail and private wealth were partially offset by net outflows from institutions. Total equity AUM was $348B vs. $329B in the previous month while total fixed income stood at $316B.