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AllianceBernstein Holding, L.P. - AB STOCK NEWS

Welcome to our dedicated page for AllianceBernstein Holding, L.P. news (Ticker: AB), a resource for investors and traders seeking the latest updates and insights on AllianceBernstein Holding, L.P. stock.

AllianceBernstein Holding, L.P. (NYSE: AB) is a prominent global investment management and research firm. With a robust team of experts providing a wide array of insights, AB delivers sophisticated investment strategies across the capital structure. The firm's clients include institutional investors (43% of assets under management), retail clients (40%), and private individuals (17%), emphasizing tailored solutions for varying investment needs. As of January 2024, AB manages $726 billion in assets, primarily focusing on fixed-income (39%) and equity (43%) strategies. Additionally, AB's Sanford Bernstein subsidiary supplies sell-side research and brokerage services, recently enhanced by a joint venture with Societe Generale.

AllianceBernstein continually advances its offerings and maintains a strong commitment to responsible investing and ESG initiatives. Recent achievements include a 2% increase in assets under management in March 2024, bringing the total to $759 billion, driven by net inflows and market appreciation. The firm has also launched innovative products like the AB Secure Income Portfolio, expanding retirement income solutions for Defined Contribution plans.

AB's first-quarter 2024 financial results showcased a 6% year-over-year revenue increase, reaching $1.1 billion, with operating income climbing by 12%. The company continues to enhance its product lineup with two new actively managed ETFs, further solidifying its position as a leader in the investment management sector.

AB's governance and operational strategies are supported by a diverse and experienced board, with the recent addition of Bruce Holley. The firm's commitment to sustainability and ESG factors has earned it accolades such as the Best ESG Initiative at the ESG Investing Awards 2024 and recognition as the Third Best Company Headquartered in the US by the Hirschel and Kramer Responsible Investment Brand Index 2024.

For the latest updates and detailed information about AllianceBernstein's performance and offerings, visit their website.

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AllianceBernstein to release Third Quarter 2023 financial and operating results on October 26, 2023
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AllianceBernstein announces a decrease in preliminary assets under management to $669 billion in September 2023 from $694 billion in August.
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AllianceBernstein awarded Best Sustainable Investment Education Initiative
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Equitable Holdings appoints Erik Bass as Head of Investor Relations, bringing valuable industry-specific insights. Bass's knowledge and experience will enhance investor relationships and advance growth strategy.
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AllianceBernstein kicks off Climate Week in NYC with a focus on climate-related work and education.
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AllianceBernstein launches AB U.S. Large Cap Strategic Equities ETF (LRGC) as an active ETF on NYSE. Jane Street to be Lead Market Maker. Investment objective is long-term growth of capital. Uses research-driven stock selection process. 7th ETF launch for AB.
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Companies and investors should understand deforestation's impact and risks to the bottom line. Agriculture is the chief driver of deforestation. Many companies lack adequate policies to address deforestation risk. Companies linked to deforestation can suffer reputational risk. Legal considerations include tighter regulatory scrutiny of deforestation impact. Only about half of the surveyed companies had a forestation policy. Technology companies have ambitious policies to counter deforestation risk.
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AllianceBernstein reports a 1.4% decline in assets under management (AUM) to $694 billion in August 2023 from $704 billion in July, due to market depreciation despite positive net inflows across all channels.
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Banks play a crucial role in sustainable development and are major issuers in global debt markets. Sustainable fixed-income investors can choose from banks' conventional and GSS bonds, with $367 billion issued globally at the end of 2022. European banks have led in sustainable financing, but examples show that sustainable lending best practices have spread globally. Environmentally aware banks are decarbonizing their operations and loan books. Rabobank and ING in the Netherlands have specific criteria and targets for green financing. ABN AMRO reduces borrowing costs for environmental purposes. Global banks are central to the global economy but more needs to be done to spread best practices.
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AI's energy consumption is a concern for sustainability, but companies are addressing the challenge by focusing on hardware and software improvements, data center design, and renewable energy.
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FAQ

What is the current stock price of AllianceBernstein Holding, L.P. (AB)?

The current stock price of AllianceBernstein Holding, L.P. (AB) is $36.49 as of December 23, 2024.

What is the market cap of AllianceBernstein Holding, L.P. (AB)?

The market cap of AllianceBernstein Holding, L.P. (AB) is approximately 4.2B.

What does AllianceBernstein Holding, L.P. (AB) do?

AllianceBernstein Holding, L.P. (AB) is a global investment management and research firm offering a comprehensive range of investment strategies across the capital structure to institutional, retail, and private clients.

How much in assets does AllianceBernstein manage?

As of January 2024, AllianceBernstein manages $726 billion in assets, primarily focused on fixed-income and equity strategies.

What recent achievements has AllianceBernstein made?

In March 2024, AB's assets under management increased by 2%, reaching $759 billion, driven by market appreciation and net inflows. The firm also launched the AB Secure Income Portfolio for Defined Contribution plans.

What are AllianceBernstein's latest financial results?

For the first quarter of 2024, AB reported net revenues of $1.1 billion, a 6% increase year-over-year, with operating income rising by 12%.

What awards and recognitions has AllianceBernstein received recently?

AB won awards for Most Innovative ESG Initiative: Climate and Natural Capital at the ESG Investing Awards 2024 and was named the Third Best Company Headquartered in the US by the Hirschel and Kramer Responsible Investment Brand Index 2024.

Who recently joined AllianceBernstein's Board of Directors?

Bruce Holley joined AB's Board of Directors as an independent member, bringing 30 years of financial services industry experience.

What is the AB Secure Income Portfolio?

The AB Secure Income Portfolio is a flexible investment option for Defined Contribution plans, aiming to provide lifetime income and higher exposure to growth assets in retirement years.

What is the focus of AB's latest ETFs?

AB recently launched two actively managed ETFs: AB Short Duration Income ETF and AB Short Duration High Yield ETF, focusing on high current income and high yield bond investments respectively.

How does AllianceBernstein integrate ESG factors?

AB integrates ESG and climate change considerations into most of its actively managed strategies, engaging issuers on material issues to unlock opportunities for clients.

Where can I find more information about AllianceBernstein?

For more information, visit AllianceBernstein's official website at www.alliancebernstein.com.

AllianceBernstein Holding, L.P.

NYSE:AB

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AB Stock Data

4.18B
111.84M
1.4%
25.07%
0.8%
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