AllianceBernstein Holding L.P. announced that its assets under management (AUM) rose to $829 billion, marking an increase from $803 billion at the end of the previous month. This 3% increase in AUM was attributed primarily to market appreciation and modest net inflows. While institutional net inflows contributed positively, they were partially offset by net outflows from retail and private wealth sectors. For the quarter, the firm reported preliminary net outflows totaling $6.7 billion.
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