
How AllianceBernstein’s Rising Private Markets AUM and Modest Outflows May Shape AB’s Investor Story

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AllianceBernstein Holding reported a rise in assets under management (AUM) to $880 billion in February, driven by market appreciation despite modest outflows. Private markets AUM increased by 18% year-over-year to $82 billion. The firm faces challenges in active equities but aims to offset fee pressure through private markets. The appointment of Onur Erzan as President is pivotal for managing equity outflows. Analysts project a revenue of $5.5 billion and earnings of $431.8 million by 2028, suggesting a 6% upside to the current stock price.
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