- AllianceBernstein has been exceeding Wall Street estimates for net inflows and assets under management, while stable fee rates and good expense control are translating that into strong earnings growth.
- Management has made good progress building up the active equity and alt investment businesses, and these remain priority targets for both internal reinvestment and growth-oriented M&A.
- Mid-to-high single-digit growth in revenue and core earnings can still drive a double-digit total annualized return from here.
For further details see:
AllianceBernstein Thriving On AUM Growth And Mix