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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 (AB) announces CEO participation in Goldman Sachs 2023 US Financial Services Conference
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AllianceBernstein (AB) - Climate Change and Investment Academy Initiative
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AllianceBernstein Holding L.P. (AB) announces a 2.5% decrease in preliminary assets under management (AUM) to $652 billion in October 2023, primarily due to market depreciation and net outflows. Institutions and Private Wealth experienced net outflows, while Retail net flows remained flat. The decrease in AUM is a result of market conditions and client activity.
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AllianceBernstein (AB) - Global Day of Understanding and Responsible Investing
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AllianceBernstein promotes a multi-asset approach to sustainable investing, emphasizing the benefits of a broad sustainable investment universe and the importance of aligning with global sustainability themes.
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Fifth + Broadway and AllianceBernstein have partnered with Alvéole to install a honeybee hive on the green deck of the 501 Commerce building in Nashville. The hive aims to support the declining bee population and promote sustainability. Alvéole has also launched an online platform called MyHive, which provides information about the hives and allows followers to watch beekeepers work in real time.
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AllianceBernstein (AB) held the Senior Women's Leadership Summit in Nashville, facilitated by The Women's Leadership Council. The summit aimed to promote diversity and inclusion within the firm and featured discussions on executive presence and communication. AB is a global investment management firm that focuses on responsible investing and stewardship. They are committed to integrating ESG and climate change considerations in their strategies. As of December 31, 2022, AB had $646B in assets under management, with $445B being ESG-integrated.
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AllianceBernstein reports financial results for Q3 2023, with GAAP diluted net income of $0.50 per unit and adjusted diluted net income of $0.65 per unit. Cash distribution of $0.65 per unit. Modest net outflows of $1.9 billion. Retail gains market share. Municipal SMA business reaches $20 billion in AUM. Fixed income and passive equity outflows in Institutional. Revenues rose 4%, operating income increased by 13%, and earnings per unit rose by 2%.
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The Bridging ESG Silos: The Intersection of Climate Change and Modern Slavery report from Walk Free and AllianceBernstein aims to help investors understand the connection between climate change, renewable energy transition, and modern slavery.
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Climate change is a human rights issue that poses risks to investors, says AllianceBernstein and Walk Free report
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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.

AllianceBernstein Holding, L.P.

NYSE:AB

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AB Stock Data

4.03B
111.84M
1.4%
25.07%
0.8%
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