AllianceBernstein Announces May 31, 2011 Assets Under Management of $473B vs. $485B Prior Period

by Benzinga Staff
June 9, 2011 4:30 PM | 14 seconds read |
AllianceBernstein L.P. and AllianceBernstein Holding L.P. AB today announced that preliminary assets under management decreased to $473 billion from $485 billion during May 2011. The 2.5% decline was due to negative investment returns and net asset outflows, primarily from the Institutions channel.
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