- AllianceBernstein L.P. and AllianceBernstein Holding L.P. ( NYSE: AB ) today announced that preliminary AUM decreased to $613B during September 2022 from $667B at the end of August.
- Market depreciation coupled with net outflows across each channel resulted in an 8% AUM decrease.
- Net outflows from Retail included AXA redemptions of $2.2 billion, completing the expected $4 billion in AXA redemptions for 2022.
- Equity AUM $255B, Fixed Income $249B and Alternatives/Multi-Asset Solutions of $109B.
- S&P fell 9% in the month of September.
- Source: Press Release
For further details see:
AB AUM down 8% in September