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AllianceBernstein reports preliminary AUM down 4% to $669B as of September 30

AllianceBernstein and AllianceBernstein Holding announced that preliminary assets under management, or AUM, decreased to $669B during September 2023 from $694M at the end of August. The 4% AUM decrease was primarily due to market depreciation, alongside net outflows. By channel, Retail net inflows were offset primarily by Institutional net outflows and modest Private Wealth net outflows.

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