AB Announces November 30, 2024 Assets Under Management

Core Insights - AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a preliminary increase in assets under management (AUM) to $813 billion in November 2024, up from $793 billion at the end of October, representing a 2.5% month-over-month growth driven by market appreciation, despite net outflows [1][2]. AUM Breakdown - Total AUM as of November 30, 2024, includes: - Total Equity: $343 billion, up from $333 billion in October, with actively managed equity at $272 billion and passive equity at $71 billion [2]. - Total Fixed Income: $303 billion, an increase from $296 billion in October, with taxable fixed income at $215 billion and tax-exempt fixed income at $77 billion [2]. - Alternatives/Multi-Asset Solutions: $167 billion, up from $164 billion in October [2]. - By channel, net inflows in Retail and Private Wealth were outweighed by Institutional net outflows [1].