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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: 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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AB: Six Metrics Light the Path to Sustainability for Emerging-Market Sovereigns

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AllianceBernstein (AB) reveals a new approach to assessing sovereign issuers' sustainability in emerging market debt, using six specific UN Sustainable Development Goal (SDG) sub-targets as metrics. By applying this framework, countries that pass all six metrics qualify for sustainable EM investing, while those that fail three or more should not be considered for inclusion. This new method aims to provide guidance for both issuers and investors in the sovereign EM debt market.
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AB Announces November 30, 2023 Assets Under Management

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AllianceBernstein L.P. (AB) reports a 6.7% increase in assets under management (AUM) to $696 billion in November 2023 from $652 billion in October. The increase is attributed to market appreciation and net inflows across all distribution channels. AUM breakdown shows significant growth in equity, fixed income, and alternatives/multi-asset solutions.
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AB: A Changing World: The New Psychological Workplace Contract

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AllianceBernstein (AB) Announces Transformation of the Modern Workplace with New Psychological Contract
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AllianceBernstein Announces Launch of NAV Lending Strategy

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AllianceBernstein L.P. (AB) has announced the launch of a new strategic growth initiative, AB NAV Lending, with an initial anchor investment provided by Equitable Holdings, Inc. (EQH). AB NAV Lending will focus on providing flexible financing solutions based on the net asset value of private equity funds, leveraging the core capabilities, resources, and infrastructure of AB's existing private corporate credit platform, AB Private Credit Investors (AB-PCI). The firm has also hired two industry leaders with more than 20 years combined fund financing experience to lead the new initiative. AB-PCI President J. Brent Humphries believes that AB NAV Lending can become a scaled business that generates attractive, risk-adjusted returns for investors.
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AB and Columbia Climate School Kicked Off Its Climate Change Curriculum 2.0

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AllianceBernstein (AB) has launched its Climate Change Curriculum 2.0 in collaboration with Columbia Climate School. This program aims to train AB's investment professionals in understanding and addressing climate change issues, potentially impacting investment strategies and decision-making.
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AllianceBernstein: Municipal Impact Investing: The First Step Is Identifying the Need

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ABMunicipal bonds can have a direct impact on helping kids stay in school in communities where they're most likely to drop out. The need isn't always easy to spot, making it challenging to know if a bond will effectively target the problem. Using data, it's revealed that school districts heavily reliant on subsidized school lunches also struggle the most to keep their students in classrooms. Enrollment declines in these districts were almost five times greater than those with the lowest lunch program participation. A bond that targets struggling districts with programs to support higher attendance would stand the best chance of making a meaningful impact.
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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 $37.26 as of December 20, 2024.

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

The market cap of AllianceBernstein Holding, L.P. (AB) is approximately 4.0B.

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

#1419 Ranked by Market Cap
#300 Ranked by Dividends

AB Stock Data

4.03B
111.84M
1.4%
25.07%
0.8%
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