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AB Announces December 31, 2022 Assets Under Management

PR Newswire - Wed Jan 11, 2023

NASHVILLE, Tenn., Jan. 11, 2023 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management decreased to $646 billion during December 2022 from $658 billion at the end of November. Firmwide net inflows were offset by market depreciation, driving the 2% decrease. By channel, Institutions generated net inflows while Private Wealth was flat and Retail posted net outflows. During the month, the firm experienced inflows to our low-fee Customized Retirement Strategies ("CRS") platform of $6.4 billion.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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