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AllianceBernstein Holding Lp - AB STOCK NEWS

Welcome to our dedicated news page for AllianceBernstein Holding Lp (Ticker: AB), a resource for investors and traders seeking the latest updates and insights on AllianceBernstein Holding Lp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AllianceBernstein Holding Lp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AllianceBernstein Holding Lp's position in the market.

Rhea-AI Summary
AllianceBernstein Holding L.P. reported strong first-quarter results with GAAP diluted net income of $0.67 per unit, adjusted diluted net income of $0.73 per unit, and a cash distribution of $0.73 per unit. The firm experienced organic growth, with active net inflows of $3.7 billion. Retail channel growth was robust at 6% annually, driven by demand for fixed income investments. However, there were persistent equity net outflows. Operating income increased by 12%, operating margin exceeded 30%, and earnings per unit rose by 11%. Assets Under Management (AUM) increased by 12.2% year-over-year to $758.7 billion. The firm's cash distribution per unit of $0.73 is payable on May 23, 2024, to holders of record of AB Holding Units at the close of business on May 6, 2024.
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AllianceBernstein's press release discusses three mega-forces - climate change, demographics, and deglobalization - that will reshape the investment landscape. These forces are expected to lower economic growth levels and impact inflation, government debt, and macro volatility. The PR highlights the implications of these forces on strategic asset allocation for investors.
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AllianceBernstein (AB) explores the concept of a 'just transition' in emerging markets, highlighting the importance of social risks in climate transition. The PR features Saskia Kort-Chick, Director of Social Research and Engagement, and Markus Schneider, Senior Economist, discussing the need for a systematic approach to address these risks.
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AllianceBernstein's Chief Responsibility Officer, Erin Bigley, discusses the evolving landscape of responsible investing, focusing on ESG issues like climate change, biodiversity, workforce transformation, emerging markets, and health. The research agenda covers interconnectedness of ESG factors, workforce disruption, emerging markets' just transition, and global health concerns.
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AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) will release their First Quarter 2024 financial and operating results on April 25, 2024, after the market closes. A teleconference will be held on April 26, 2024, at 9:00 am (CT) to discuss the results. The call will be led by key executives including the President and CEO, CFO, Head of Global Client Group, and Head of US Retail.
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AllianceBernstein L.P. and AllianceBernstein Holding L.P. reported a 2% increase in assets under management to $759 billion in March 2024, driven by market appreciation but partially offset by net outflows. Excluding a $3.0 billion redemption, firm-wide net flows were positive for the month, with positive flows in all channels.
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AllianceBernstein (AB) and Societe Generale (GLE) have launched Bernstein, a joint venture focusing on global cash equities and equity research. The venture aims to provide premier investment insights, liquidity access, and trading technology to clients worldwide. With offices in New York, London, Paris, and Hong Kong, Bernstein offers a comprehensive suite of services across North American, European, and Asia Pacific markets. Societe Generale plans to eventually own 100% of both entities after five years. The joint venture is led by Robert van Brugge as CEO and Stephane Loiseau as Deputy CEO.
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AllianceBernstein's research reveals a correlation between strong governance and higher stock returns. By analyzing proxy votes and engaging directly with companies, they aim to improve governance practices for better long-term outcomes. Studies show that companies with poor governance tend to have lower returns and firm value.
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AllianceBernstein, in partnership with Columbia Climate School, hosted a Biodiversity Training for AB Investors with Dr. Jenna Lawrence. The module focused on risks and opportunities from biodiversity and nature loss for businesses. AB is a global investment management firm emphasizing responsible investing and stewardship. They integrate ESG factors in most strategies and engage with issuers for client's financial interest. AB had $669B AUM as of September 30, 2023, with $458B ESG-integrated.
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AllianceBernstein L.P. and AllianceBernstein Holding L.P. announced a 3% increase in assets under management to $745 billion in February 2024 due to market appreciation and positive net flows, with Retail leading the growth. The total AUM breakdown shows growth in all segments, with Equity, Fixed Income, and Alternatives/Multi-Asset Solutions contributing to the increase.
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AllianceBernstein Holding Lp

NYSE:AB

AB Rankings

AB Stock Data

3.74B
109.38M
1.5%
19.87%
0.9%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
New York

About AB

ab is a leading global investment-management and research firm. we bring together a wide range of insights, expertise and innovations to advance the interests of our clients around the world. ab delivers a comprehensive range of investment strategies across the capital structure. partnering closely with our clients, we shape the most appropriate solutions for their investment needs today, tomorrow and beyond.