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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: Climate Change May Increase the Risk of Modern Slavery

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AB's Director of Social Research & Engagement, Saskia Kort-Chick, discusses how climate change may increase the risk of modern slavery during National Slavery and Human Trafficking Prevention Month. AB recently collaborated with Walk Free, an international human rights organization, to explore climate-related modern slavery risks and provide investors with tools for addressing and managing them.
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AB to Report Fourth Quarter 2023 Results on February 6, 2024

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AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) announced the release of their Fourth Quarter 2023 financial and operating results on February 6, 2024. A teleconference is scheduled for February 7, 2024, to discuss the results. The call will be hosted by key management personnel. Access to the conference call is available through webcast or telephone. The presentation reviewed during the conference call will be available on AB's Investor Relations website. A replay of the webcast will be made available after the completion of the conference call on February 7, 2024.
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AB: The Weather Is Changing for Climate-Focused Investors

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AllianceBernstein's PR discusses the potential for climate-focused investing as a lucrative opportunity for equity investors. The company's experts believe that energy transition, wind, solar, and electric vehicles are expected to grow faster than the market in the next 10 years, supported by both the public and private sectors.
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AB: ESG Opportunities: Emerging Markets and Biodiversity

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AllianceBernstein (AB) announces exploration of opportunities in responsible investing, including carbon markets, blended finance, labor market changes, and diversity, equity, and inclusion. Focus on emerging markets and the intersection of environmental and social factors.
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AB Announces December 31, 2023 Assets Under Management

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AllianceBernstein L.P. (AB) announced a 4% increase in preliminary assets under management to $725 billion in December 2023 from $696 billion in November. This increase was driven by market appreciation, with slight firmwide net outflows. The net flows were flat within Institutions and Retail, while Private Wealth posted minimal net outflows.
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Jackie Marks Joins AllianceBernstein as Chief Financial Officer

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AllianceBernstein L.P. (AB) announced that Jackie Marks has joined as Chief Financial Officer, effective March 1, 2024. With $696 billion in assets under management, AB is a leading global investment firm. Ms. Marks brings over 20 years of experience from Condé Nast Publications and will be responsible for leading AB's Finance team and managing the financial oversight of firm strategy.
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AllianceBernstein: Reflections on COP28: Opportunities Amid Challenges

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AllianceBernstein (AB) investors are warming to opportunities stemming from climate change following the latest United Nations Conference of the Parties on climate change, COP28. The conference provided insights into climate-related opportunities and the initiatives needed to implement them. Investors are particularly interested in transition finance, adaptation, blended finance, carbon markets, and nature-based solutions. Funding challenges are apparent, but potential opportunities for climate-related investment are also emerging. The need for mitigation and adaptation in hard-to-abate industries such as steel, cement, transportation, and energy resonates strongly with investors. Market-led developments include the unveiling of the Global Decarbonization Accelerator and the finalization of guidance on climate solutions by the Institutional Investors Group on Climate Change. The transition to a lower-carbon economy is projected to involve significant spending on physical assets for energy and land-use systems between 2021 and 2050, creating growth opportunities while having uneven effects on sectors, geographies, and communities. Renewable energy and nuclear power are also key focus areas for global leaders, with pledges to triple renewables capacity and double the global rate of improvement in energy efficiency by 2030.
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AllianceBernstein: When Disaster Strikes: Gauging the Investment Risk of Natural Hazards

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AllianceBernstein (AB) has collaborated with the Columbia Climate School to develop a Natural Hazards Index and a Physical Hazard Investment Risk (PHIR) indicator. The Natural Hazards Index provides a detailed interactive map showing natural hazard exposures across the US, while the PHIR indicator scores US census tracts and counties' total hazard investment risk. The collaboration aims to help investors understand the potential physical damage from natural hazards before assessing their financial implications. The tools can help identify securities where natural hazard risks are potentially mispriced by the market and should be accounted for in bond valuations.
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AllianceBernstein Launches Five New Active ETFs

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AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. have launched five active exchange-traded funds (ETFs) on the NASDAQ and New York Stock Exchange (NYSE) Arca: AB Conservative Buffer ETF [NASDAQ: BUFC], AB Tax-Aware Intermediate Municipal ETF [NYSE: TAFM], AB Tax-Aware Long Municipal ETF [NYSE: TAFL], AB Corporate Bond ETF [NASDAQ: EYEG], and AB Core Plus Bond ETF [NASDAQ: CPLS]. These new ETFs aim to provide clients with a broadened suite of versatile products to navigate the evolving market cycles. BUFC seeks conservative capital appreciation with potential downside protection, TAFM and TAFL aim to provide stability of principal and a moderate rate of after-tax return, and EYEG and CPLS focus on maximizing total return through current income and long-term capital appreciation. AB's Global Head of ETFs and Portfolio Solutions, Noel Archard, highlighted the commitment to innovation and collaboration across asset classes to serve clients' best interests.
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AllianceBernstein Announces Global Head of Investments

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AllianceBernstein L.P. (AB) announces the appointment of Chris Hogbin as the new Global Head of Investments, effective January 1, 2024. With $696 billion in assets under management, AB aims to drive investment performance and evolve to meet client needs. Nelson Yu, a 26-year AB veteran, will succeed Mr. Hogbin as Head of Equities.
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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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