Previous close | 6.10 |
Open | 6.10 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 40.00 |
Expiry date | 2024-05-17 |
Day's range | 6.10 - 6.10 |
Contract range | N/A |
Volume | |
Open interest | N/A |
AllianceBernstein's (AB) AUM balance declines due to market depreciation outweighing net inflows across segments.
AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management decreased to $737 billion during April 2024 from $759 billion at the end of March. Firmwide net inflows were outweighed by market depreciation, resulting in a 3% decrease in AUM. By channel, net inflows in Retail were partially offset by net outflows in Institutions and Private Wealth.
AllianceBernstein L.P. ("AB") (NYSE: AB), a leading global investment firm with $759 billion in assets under management, today announced the expansion of its retirement income offerings with the AB Secure Income Portfolio. This solution will enable Defined Contribution (DC) plans to offer an investment option that delivers guaranteed retirement income to participants without changing their target-date provider, including as a part of a Qualified Default Investment Alternative (QDIA).