AllianceBernstein's July AUM Remain Stable on Upbeat Markets

Core Insights - AllianceBernstein Holding L.P. (AB) reported assets under management (AUM) of $829 billion for July 2025, unchanged from June 2025, due to market gains being offset by net outflows, primarily from institutions [1][9] - The company experienced approximately $4 billion in institutional outflows linked to the completion of the EQH-RGA reinsurance transaction [1][9] AUM Performance Breakdown - Equity AUM increased nearly 1% to $347 billion, while Alternatives/Multi-Asset Solutions AUM rose 1.1% to $183 billion [2] - Fixed Income AUM decreased by 1.6% to $299 billion [2] - Institutional AUM fell nearly 1% to $337 billion, whereas Private Wealth AUM increased 1.4% to $146 billion, and Retail AUM saw a slight increase to $346 billion [3] Market Position and Growth Potential - AllianceBernstein's global reach and solid AUM balance are expected to support top-line growth despite rising operating costs and a challenging operating environment [3] - In the past six months, AB's shares gained 10.6%, outperforming the industry's growth of 1.7% [5] - AB currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence [6] Peer Comparison - Franklin Resources, Inc. reported AUM of $1.62 trillion, slightly up from the previous month, while Invesco's AUM increased by 1.2% to $2,024.5 billion [10] - Invesco's AUM was positively impacted by favorable market returns, resulting in a $22 billion increase, although FX effects decreased AUM by $8.5 billion [11]