AB Announces June 30, 2019 Assets Under Management

Date : 07/11/2019 @ 9:21PM
Source : PR Newswire (US)
Stock : AXA Equitable Holdings Inc (EQH)
Quote : 21.36  -0.07 (-0.33%) @ 7:24PM

AB Announces June 30, 2019 Assets Under Management

AXA Equitable (NYSE:EQH)
Historical Stock Chart

6 Months : From Apr 2019 to Oct 2019

Click Here for more AXA Equitable Charts.

NEW YORK, July 11, 2019 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management increased to $581 billion during June 2019 from $560 billion at the end of May. The 3.8% increase was due to market appreciation, as well as total firmwide net inflows. By channel, Retail net inflows were partially offset by outflows from Institutions and Private Wealth.

 

AllianceBernstein L.P. (The Operating Partnership)

Assets Under Management ($ in Billions)



At June 30, 2019


At May 31




2019
















Private






Institutions


Retail


Wealth


Total


Total











Equity










Actively Managed

$

41



$

73



$

48



$

162



$

152


Passive

24



33





57



54


Total Equity

65



106



48



219



206












Fixed Income










Taxable

153



76



12



241



235


Tax-Exempt

1



19



24



44



45


Passive



9



1



10



9


Total Fixed Income

154



104



37



295



289












Other(1)

50



5



12



67



65


Total

$

269



$

215



$

97



$

581



$

560























At May 31, 2019













Total

$

261



$

204



$

95



$

560














(1) Includes certain multi-asset services and solutions and certain alternative investments.











































 

Cautions Regarding Forward-Looking Statements

Certain statements provided by management in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, competitive conditions, and current and proposed government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see "Risk Factors" and "Cautions Regarding Forward-Looking Statements" in AB's Form 10-K for the year ended December 31, 2018 or Form 10-Q for the quarter ended March 31, 2019. Any or all of the forward-looking statements made in this news release, Form 10-K, Form 10-Q, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in "Risk Factors" and "Cautions Regarding Forward-Looking Statements", and those listed above, could also adversely affect AB's financial condition, results of operations and business prospects.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.

As of June 30, 2019, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 35.6% of AllianceBernstein and AXA Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 65.2% economic interest in AllianceBernstein.

Additional information about AB may be found on our website, www.alliancebernstein.com.

Cision View original content:http://www.prnewswire.com/news-releases/ab-announces-june-30-2019-assets-under-management-300883784.html

SOURCE AllianceBernstein

Copyright 2019 PR Newswire

Latest EQH Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.