AllianceBernstein AUM advances 3% in June, driven by market gains, net inflows

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AB (AllianceBernstein) office in New York City, USA.

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AllianceBernstein Holdings' (NYSE:AB) preliminary assets under management, released Thursday, rose 3% to $829B in June from $803B at the end of May.

The sequential increase was mainly driven by market appreciation, coupled with modest net inflows.

Institutional net inflows were

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