NASHVILLE, Tenn., April 11, 2022 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management decreased to $735 billion during March 2022 from $740 billion at the end of February. The 0.7% decrease was due to market depreciation and firm-wide net outflows. By channel, Private Wealth generated positive net flows while Institutional and Retail posted net outflows.

AllianceBernstein L.P. (The Operating Partnership)

Assets Under Management ($ in Billions)



At March 31, 2022


At Feb 28




2022
















Private






Institutions


Retail


Wealth


Total


Total











Equity










Actively Managed

$

68



$

142



$

55



$

265



$

262


Passive

27



37



2



66



65


Total Equity

95



179



57



331



327












Fixed Income










Taxable

145



66



15



226



235


Tax-Exempt

1



28



26



55



56


Passive



12





12



13


Total Fixed Income

146



106



41



293



304












Alternatives/Multi-Asset Solutions(1)

85



7



19



111



109


Total

$

326



$

292



$

117



$

735



$

740























At February 28, 2022













Total

$

330



$

294



$

116



$

740














(1) Includes certain multi-asset solutions and services not included in equity or fixed income services.





















Cautions Regarding Forward-Looking Statements

Certain statements provided by management in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see "Risk Factors" and "Cautions Regarding Forward-Looking Statements" in AB's Form 10-K for the year ended December 31, 2021 or form 10-Q for the quarter ended September 30, 2021. Any or all of the forward-looking statements made in this news release, Form 10-K, Form 10-Q, other documents AB files with or furnishes to the SEC and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in "Risk Factors" and "Cautions Regarding Forward-Looking Statements", and those listed above, could also adversely affect AB's financial condition, results of operations and business prospects.

About AllianceBernstein

AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.

As of March 31, 2022, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 36.3% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 64.5% economic interest in AllianceBernstein.

Additional information about AB may be found on our website, www.alliancebernstein.com.

Cision View original content:https://www.prnewswire.com/news-releases/ab-announces-march-31-2022-assets-under-management-301523070.html

SOURCE AllianceBernstein

Copyright 2022 PR Newswire

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