NASHVILLE, Tenn. , June 12, 2023 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that preliminary assets under management decreased to $670 billion during May 2023 from $676 billion at the end of April. Modest firmwide net inflows were offset by market depreciation, resulting in a 1% AUM decrease during May. By channel, Institutions and Private Wealth generated net inflows, offset by Retail net outflows.
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