AllianceBernstein L.P. and
AllianceBernstein Holding L.P. AB today announced that preliminary
assets under management remained essentially flat at $419 billion during
October 2012. Total net flows were again positive, driven by continued strong
Retail net inflows that were partially offset by Private Client net outflows
and modest net outflows from Institutions. However, negative equity investment
returns restrained AUM growth for the month.
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