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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.

News

AllianceBernstein Celebrates Earth Day

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AllianceBernstein celebrated Earth Day 2024 with a focus on responsible investing and stewardship. The PR highlighted AB's PRISM platform, Climate Transition Alignment Framework, Biodiversity Risk Matrix, and collaborations with Columbia Climate School. AB is a global investment management firm that integrates ESG factors in its strategies, engaging with issuers for clients' financial interests. With $669B in assets under management, $458B ESG-integrated, AB's values drive purpose, mission, and actions towards distinctive knowledge, integrity, and investment in one another.

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ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FIRST QUARTER RESULTS

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AllianceBernstein Holding L.P. reported strong first-quarter results with GAAP diluted net income of $0.67 per unit, adjusted diluted net income of $0.73 per unit, and a cash distribution of $0.73 per unit. The firm experienced organic growth, with active net inflows of $3.7 billion. Retail channel growth was robust at 6% annually, driven by demand for fixed income investments. However, there were persistent equity net outflows. Operating income increased by 12%, operating margin exceeded 30%, and earnings per unit rose by 11%. Assets Under Management (AUM) increased by 12.2% year-over-year to $758.7 billion. The firm's cash distribution per unit of $0.73 is payable on May 23, 2024, to holders of record of AB Holding Units at the close of business on May 6, 2024.
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AB: How Mega-Forces Will Reshape the Macro Regime and Investing

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AllianceBernstein's press release discusses three mega-forces - climate change, demographics, and deglobalization - that will reshape the investment landscape. These forces are expected to lower economic growth levels and impact inflation, government debt, and macro volatility. The PR highlights the implications of these forces on strategic asset allocation for investors.
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AB: Just Transition and Emerging Markets: Weighing the Risks

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AllianceBernstein (AB) explores the concept of a 'just transition' in emerging markets, highlighting the importance of social risks in climate transition. The PR features Saskia Kort-Chick, Director of Social Research and Engagement, and Markus Schneider, Senior Economist, discussing the need for a systematic approach to address these risks.
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AB: Responsible Investing: Four Themes To Follow in 2024

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AllianceBernstein's Chief Responsibility Officer, Erin Bigley, discusses the evolving landscape of responsible investing, focusing on ESG issues like climate change, biodiversity, workforce transformation, emerging markets, and health. The research agenda covers interconnectedness of ESG factors, workforce disruption, emerging markets' just transition, and global health concerns.
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AB to Report First Quarter 2024 Results on April 25, 2024

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AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) will release their First Quarter 2024 financial and operating results on April 25, 2024, after the market closes. A teleconference will be held on April 26, 2024, at 9:00 am (CT) to discuss the results. The call will be led by key executives including the President and CEO, CFO, Head of Global Client Group, and Head of US Retail.
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AB Announces March 31, 2024 Assets Under Management

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AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a 2% increase in assets under management to $759 billion in March 2024, driven by market appreciation but partially offset by net outflows. Excluding a $3.0 billion redemption, firm-wide net flows were positive for the month, with positive flows in all channels.
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SOCIETE GENERALE AND ALLIANCEBERNSTEIN ANNOUNCE THE OFFICIAL LAUNCH OF BERNSTEIN, A NEW LEADER IN CASH EQUITIES & RESEARCH

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AllianceBernstein (AB) and Societe Generale (GLE) have launched Bernstein, a joint venture focusing on global cash equities and equity research. The venture aims to provide premier investment insights, liquidity access, and trading technology to clients worldwide. With offices in New York, London, Paris, and Hong Kong, Bernstein offers a comprehensive suite of services across North American, European, and Asia Pacific markets. Societe Generale plans to eventually own 100% of both entities after five years. The joint venture is led by Robert van Brugge as CEO and Stephane Loiseau as Deputy CEO.
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AB: Governance Matters - The Proof Is in the Proxy

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AllianceBernstein's research reveals a correlation between strong governance and higher stock returns. By analyzing proxy votes and engaging directly with companies, they aim to improve governance practices for better long-term outcomes. Studies show that companies with poor governance tend to have lower returns and firm value.
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AB and Columbia Climate School Hosted the Biodiversity Training for AB Investors

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AllianceBernstein, in partnership with Columbia Climate School, hosted a Biodiversity Training for AB Investors with Dr. Jenna Lawrence. The module focused on risks and opportunities from biodiversity and nature loss for businesses. AB is a global investment management firm emphasizing responsible investing and stewardship. They integrate ESG factors in most strategies and engage with issuers for client's financial interest. AB had $669B AUM as of September 30, 2023, with $458B ESG-integrated.
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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 $36.57 as of November 15, 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.

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AllianceBernstein Holding, L.P.

NYSE:AB

AB Rankings

#1407 Ranked by Market Cap
#275 Ranked by Dividends

AB Stock Data

4.16B
113.34M
1.54%
25.19%
0.81%
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