November 9, 2021 at 4:20 PM EST

AB Announces October 31, 2021 Assets Under Management

NASHVILLE, Tenn., Nov. 9, 2021 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management increased to $765 billion during October 2021 from $742 billion at the end of September. Market appreciation and firmwide net inflows drove the 3% increase. In the month of October, net inflows to Retail and Private Wealth were partially offset by net outflows from Institutions.

Cautions Regarding Forward-Looking Statements

AllianceBernstein L.P. (The Operating Partnership)

Assets Under Management ($ in Billions)

 
 

At October 31, 2021

 

At Sep 30

     

2021

                   
         

Private

       
 

Institutions

 

Retail

 

Wealth

 

Total

 

Total

                   

Equity

                 

Actively Managed

$

70

 

$

146

 

$

59

 

$

275

 

$

260

Passive

31

 

41

 

1

 

73

 

69

Total Equity

101

 

187

 

60

 

348

 

329

                   

Fixed Income

                 

Taxable

156

 

79

 

15

 

250

 

252

Tax-Exempt

1

 

28

 

27

 

56

 

55

Passive

 

10

 

 

10

 

9

Total Fixed Income

157

 

117

 

42

 

316

 

316

                   

Alternatives/Multi-Asset Solutions(1)

76

 

7

 

18

 

101

 

97

Total

$

334

 

$

311

 

$

120

 

$

765

 

$

742

                   
                   
 

At Sep 30, 2021

   
                   

Total

$

327

 

$

299

 

$

116

 

$

742

   
                   

(1) Includes certain multi-asset solutions and services not included in equity or fixed income services.

                                       
                                           

Certain statements provided by management in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see "Risk Factors" and "Cautions Regarding Forward-Looking Statements" in AB's Form 10-K for the year ended December 31, 2020 or form 10-Q for the quarter ended September 30, 2021. Any or all of the forward-looking statements made in this news release, Form 10-K, Form 10-Q, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in "Risk Factors" and "Cautions Regarding Forward-Looking Statements", and those listed above, could also adversely affect AB's financial condition, results of operations and business prospects.

About AllianceBernstein
AllianceBernstein 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.

As of September 30, 2021, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 36.1% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 64.7% economic interest in AllianceBernstein.

Additional information about AB may be found on our website, www.alliancebernstein.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/ab-announces-october-31-2021-assets-under-management-301420360.html

SOURCE AllianceBernstein

Mark Griffin, Investors, 629.213.5672, mark.griffin@alliancebernstein.com; Jennifer Casey, Media, 212.969.1157, jennifer.casey@alliancebernstein.com

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