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AllianceBernstein's Q2 AUM surpasses $905 billion

GuruFocus.com +3 ·

AB
AB AllianceBernstein Holding Lp
$37.11 -0.64%
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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.

This 3-line summary is compiled from the report below.

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