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]

Core Insights - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.61 trillion as of June 30, 2025, reflecting a 2.1% increase from the previous month driven by favorable market conditions despite long-term net outflows of $1 billion [1][8] AUM Breakdown - Equity assets reached $656.1 billion, marking a 4% increase from the prior month [2] - Fixed income AUM stood at $441.3 billion, showing a marginal increase from the previous month [2] - Alternative AUM slightly decreased to $254 billion [2] - Multi-asset AUM was reported at $183 billion, up 2.6% from May 2025 [2] - Cash management balance increased to $71.9 billion, reflecting a 1.3% rise from the previous month [2] Market Performance and Outlook - The overall AUM growth in June was attributed to positive market performance, although the decline in alternative AUM raises concerns [3] - Franklin's inorganic expansion efforts are noted to continue supporting its financials [3] - Over the past six months, BEN shares have appreciated by 24.4%, contrasting with a 3.3% decline in the industry [4]

Core Insights - Franklin Resources, Inc. (BEN) reported preliminary assets under management (AUM) of $1.57 trillion as of May 31, 2025, reflecting a 2.6% increase from the previous month driven by positive market conditions and net inflows of $1 billion, despite $3 billion in long-term outflows at Western Asset Management [1][7]. AUM Breakdown by Asset Class - Equity assets reached $630.7 billion, marking a 5.7% increase from the prior month [2]. - Fixed income AUM slightly declined to $438.7 billion [2]. - Alternative AUM decreased to $253.5 billion [2]. - Multi-asset AUM grew to $178.5 billion, up 2.8% from April 2025 [2]. - Cash management balance increased to $71.5 billion, nearly 1% higher than the previous month [2]. Market Performance and Outlook - The overall AUM growth in May was attributed to favorable market conditions and net inflows, although the decline in fixed income and alternative AUM raised concerns [3]. - Franklin's inorganic expansion efforts are expected to continue supporting its financial performance [3]. - Over the past six months, BEN shares have gained 1%, contrasting with a 14.7% decline in the industry [4].