Report
Greggory Warren
EUR 100.00 For Business Accounts Only

Positive Flows, Improving Momentum Leave AllianceBernstein Solidly Positioned for Year Ahead

There was little in no-moat-rated AllianceBernstein's first-quarter results that would alter our long-term view of the firm. AB closed out the March quarter with $554.7 billion in assets under management, up 7.4% sequentially and 0.9% year over year. Net inflows of $1.1 billion in the period marked the third straight quarter of positive flows from the firm. That said, most of the inflows came from AB's other portfolios, which include multiasset solutions/services and alternative investments, wit...
Underlying
AllianceBernstein Holding L.P.

AllianceBernstein Holding provides research, investment management and related services to a range of clients. The company's principal services include: institutional, which services institutional clients, including private and public pension plans, foundations and endowments, insurance companies, and central banks and governments; retail, which services retail clients, primarily by means of retail mutual funds; private wealth management, which services private clients, including high-net-worth individuals and families, trusts and estates, and partnerships; and Bernstein research services, which services institutional investors, such as pension fund, and hedge fund and mutual fund managers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Greggory Warren

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