AllianceBernstein's (AB) January AUM Up on Market Appreciation

AllianceBernstein Holding L.P. (AB) announced assets under management (AUM) for January 2024. The company’s preliminary month-end AUM of $726 billion reflects a marginal rise from the end of December 2023.The increase was mainly driven by market gains, partially offset by net outflows.At the end of January, AllianceBernstein’s Equity AUM was unchanged on a sequential basis at$309 billion. Alternatives/Multi-Asset Solutions AUM (including certain multi-asset services and solutions) rose marginally to $136 b ...