2023-05-10 04:57:40 ET
- AllianceBernstein ( NYSE: AB ) AUM unchanged in April at $676B.
- April AUM reflected slight market gains, offset by firm-wide net outflows.
- By channel, outflows were concentrated within Institutions reflecting previously announced redemptions of certain low-fee Custom Target Date and Fixed Income mandates.
- Equity AUM totaled $286B at April 30, 2023 fixed income AUM ended the month at $264B, and alternatives/multi-asset solutions AUM came in at $676B.
- Stock price is down 1.1% during pre-market
For further details see:
AllianceBernstein AUM unchanged during April