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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

AB Announces February 29, 2024 Assets Under Management

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AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced a 3% increase in assets under management to $745 billion in February 2024 due to market appreciation and positive net flows, with Retail leading the growth. The total AUM breakdown shows growth in all segments, with Equity, Fixed Income, and Alternatives/Multi-Asset Solutions contributing to the increase.
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AB: Investing With Impact - How Municipal Bonds Are Leading the Way

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AllianceBernstein highlights the importance of municipal bond issuers in addressing water scarcity and improving access to quality healthcare. Impact investing in the $4 trillion US municipal bond market can tackle challenges like clean water supply and healthcare accessibility. Case studies of El Paso Water and Temple University Health showcase successful initiatives in water conservation and community health improvement.
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AB: Climate-Focused Investing Two Approaches for Equity Portfolios

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AllianceBernstein (AB) announces key leadership changes and introduces new portfolio managers in the climate-focused investment space.
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AB: Breaking the ESG Barrier Empowering Credit Investors Through Better and Faster Data

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AllianceBernstein introduces PRISM, a groundbreaking ESG research tool to enhance credit analysis with quantified ESG metrics, easing investors' data evaluation process. With a surge in company reporting, PRISM offers 179 metrics for ESG assessments, covering 95%-99% of the global credit universe.
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AllianceBernstein: Nurturing Nature - Why Investors Should Care About Biodiversity

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Investors face a pressing challenge in comprehending and addressing biodiversity risks. The interconnectedness of biodiversity and climate change presents complex risks and opportunities for investors. Understanding the impact of biodiversity loss on ecosystems and economic activities is crucial. The PR emphasizes the importance of biodiversity as the foundation of life and the potential economic consequences of its decline.
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AB Announces January 31, 2024 Assets Under Management

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AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced a slight increase in assets under management to $726 billion in January 2024 from $725 billion in December 2023. The growth was driven by market gains but partially offset by net outflows from Institutions and Private Wealth. The breakdown of AUM by asset class shows a total of $309 billion in Equity, $281 billion in Fixed Income, and $136 billion in Alternatives/Multi-Asset Solutions.
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Seth Bernstein, President and CEO, to Participate in the Bank of America 2024 Financial Services Conference on February 21st, 2024

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AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced that their President and CEO will participate in the Bank of America 2024 Financial Services Conference on February 21, 2024. The session will be available via live audio webcast on AB's website. An audio replay will also be available afterward.
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ALLIANCEBERNSTEIN HOLDING L.P. ANNOUNCES FOURTH QUARTER RESULTS

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AllianceBernstein L.P. (AB) and AllianceBernstein Holding L.P. (AB Holding) reported a 10.2% increase in net revenues for Q4 2023, with a 17.1% increase in operating income. However, adjusted operating income decreased by 1.4% year-over-year. The firm's cash distribution per Unit of $0.77 is payable on March 14, 2024. Assets Under Management were $725.2 billion, up 12.2% from the prior year period.
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AB: The Unintended Exposure to Risks of Modern Slavery

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AllianceBernstein (AB) 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. The firm is committed to responsible investing and stewardship, integrating material issues, including environmental, social, and governance (ESG), and climate change considerations in most of its actively managed strategies. AB's mission is to help clients achieve their investment goals and has $669B in assets under management as of September 30, 2023, with $458B ESG-integrated.
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Bernstein Private Wealth Management Announces Expansion of Ultrahigh-Net-Worth Platform

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Bernstein Private Wealth Management, a unit of AllianceBernstein L.P. (NYSE: AB), is expanding its Ultrahigh-Net-Worth (UHNW) Platform to help clients navigate wealth complexities and build a multigenerational legacy. The platform currently serves over 1,290 individuals and families with more than $37.9 billion in total assets. With the renewed focus, the firm aims to grow the client base by introducing bespoke solutions tailored to UHNW clients. The expansion includes a new UHNW Service Team, senior executive appointments, and an increased focus on family governance research.
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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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