AllianceBernstein Holding LP（AB）のニュースとイベントABAllianceBernstein Holding LP

AllianceBernstein Reports Q3 Revenue of $1.23B

Reports Q3 revenue $1.23B, consensus $913.83M. "AllianceBernstein generated $6.6 billion of firmwide net inflows in 3Q26, our strongest quarterly flow result in 4 years, representing an annualized organic growth rate of approximately 3%," said Seth Bernstein, Chief Executive Officer of AllianceBernstein. "Activity was led by strong institutional demand across both liquid and illiquid credit. Alternatives/MAS generated $15 billion of net inflows, including the onboarding of roughly $12 billion of commercial mortgage loans we highlighted last quarter, marking our seventh consecutive quarter of organic growth for the asset class. While institutional appetite for private assets remained the primary growth driver, our alternatives/MAS franchise grew organically across all three channels, even excluding the CML mandate. Private markets AUM reached $105 billion, up 33% year-over-year and surpassing the upper end of our 2027 target range. Fixed income demand remained robust despite significant rates volatility, but varied by client profile. Continued market share gains in tax-exempt drove $1.6 billion of net inflows amid a turbulent municipal market, while taxable fixed income was modestly positive at $0.3 billion, as strong institutional inflows more than offset retail redemptions. In equities, demand favored passive strategies, which attracted $2.5 billion of net inflows from institutional and private wealth clients, while active equity outflows of roughly $13 billion continued to weigh on flows. Compared to prior year, adjusted net revenues grew 2.2%, adjusted operating income was stable, and adjusted earnings per Unit and distributions to Unitholders rose 2.3% to $0.88."

AllianceBernstein Assets Under Management Decrease to $900B in September

AllianceBernstein announced that preliminary assets under management decreased to $900B during September from $919B at the end of August. The 2% decline in month-end AUM was primarily driven by market depreciation, coupled with net outflows during the month. By channel, Institutional generated net inflows, which were partially offset by net outflows in Retail and Private Wealth. For the quarter ended September 30, preliminary firmwide net inflows totaled approximately $6B.