AllianceBernstein L.P. (AB) announced that its preliminary assets under management (AUM) increased to $803 billion during May 2025. This represents a 2.8% increase from the $781 billion reported at the end of April.
The rise in month-end AUM was primarily driven by positive market appreciation. However, this gain was partially offset by overall net outflows across the firm's channels.
By channel, Private Wealth experienced slight net inflows, but these were offset by net outflows from both the Institutional and Retail channels. This indicates a mixed performance in asset gathering despite favorable market conditions.
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