AllianceBernstein's Q2 AUM surpasses $905 billion

AB AllianceBernstein Holding Lp

$35.04 +0.11%

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1. 1AllianceBernstein (AB) reported second-quarter assets under management exceeding $905 billion, marking the highest level in the company's history.
2. 2Adjusted earnings per unit came in at $0.82, up 8% year over year, while net inflows of roughly $800 million marked its strongest sales quarter in five years.
3. 3Private market AUM reached $91 billion, hitting its 2027 target more than a year ahead of schedule, though active equities continued to see outflows of approximately $11 billion.

Source GuruFocus.com +3 · View original ↗

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