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home / news releases / AB - AllianceBernstein records 3.19% drop in August AUM on market depreciation


AB - AllianceBernstein records 3.19% drop in August AUM on market depreciation

  • AllianceBernstein ( NYSE: AB ) stated Monday its preliminary asset uner management declined 3.19% sequentially during the month to $667B as of Aug. 31, driven by market depreciation outweighing net inflows.
  • By channel, net inflows to Private Wealth were partially offset by modest outflows from Institutions and Retail.
  • Seeking Alpha contributor titles AllianceBernstein ( AB ) as attractive fundaments, pointing out to 9% dividend yield.

For further details see:

AllianceBernstein records 3.19% drop in August AUM on market depreciation
Stock Information

Company Name: Alliance Bernstein Holding L.P. Units
Stock Symbol: AB
Market: NYSE
Website: alliancebernstein.com

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