NEW YORK, Aug. 12 /PRNewswire-FirstCall/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. today reported that during the month of July, preliminary assets under management increased by approximately $20 billion, or 4.5%, to $467 billion at July 31, 2009, as positive investment returns were partially offset by net outflows, predominantly in the Institutional Investments channel.
ALLIANCEBERNSTEIN L.P.
(THE OPERATING PARTNERSHIP)
ASSETS UNDER MANAGEMENT
($ billions)
---------------- ------------
At July 31, 2009 At June 30,
(preliminary) 2009
---------------- -----------
Institutional Private
Investments Retail Client Total Total
----------- ------ ------ ----- -----
Equity
Value $105 $36 $24 $165 $156
Growth 52 22 16 90 84
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Total Equity 157 58 40 255 240
----- ----- ----- ----- -----
Fixed Income 117 35 30 182 178
Other(1) 14 16 - 30 29
----- ----- ----- ----- -----
Total $288 $109 $70 $467 $447
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At June 30, 2009
----------------
Total $278 $103 $66 $447
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(1) Includes Index, Structured and Asset Allocation services.
About AllianceBernstein
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional clients, individuals and private clients in major markets around the world. AllianceBernstein employs more than 500 investment professionals with expertise in growth equities, value equities, fixed income securities, blend strategies and alternative investments and, through its subsidiaries and joint ventures, operates in more than 20 countries. AllianceBernstein's research disciplines include fundamental research, quantitative research, economic research and currency forecasting capabilities.
