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AllianceBernstein Holding LP (AB) Q2 2021 Earnings Call Transcript

AllianceBernstein Holding LP (AB) Q2 2021 Earnings Call Transcript
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AllianceBernstein Holding LP (AB) Q1 2021 Earnings Call Transcript

AllianceBernstein Holding LP (AB) Q1 2021 Earnings Call Transcript
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AllianceBernstein Holding LP (NYSE: AB)
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Operator
Thank you for standing by and welcome to the AllianceBernstein First Quarter 2021 Earnings Review. At this time, all participants are in a listen-only mode. After their remarks, there will be a question-and-answer session and I will give you instructions on how to ask a question at that time. As a reminder, this conference is being recorded, and will be available for replay for one week.
I would now like to turn the conference over to the host for this call, Head of Investor Relations for AB, Mr. Mark Griffin. Please go ahead.SPONSORED: ....

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AllianceBernstein Holding L.P. Announces Fourth Quarter Results

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NEW YORK, Feb. 11, 2021 /PRNewswire/ AllianceBernstein L.P. ( AB ) and AllianceBernstein Holding L.P. ( AB Holding ) (NYSE: AB) today reported financial and operating results for the quarter and year ended December 31, 2020.
Despite facing unprecedented global challenges in 2020, our firm s diversified platform continued its growth trajectory, said Seth P. Bernstein, President and CEO of AllianceBernstein. Our talented people remained fully invested in helping our clients reach their financial goals. Strength in active equities, including ESG, helped drive full year active net inflows of $14.9 billion, or a 3% active organic growth rate, excluding expected low-fee AXA redemptions of $11.8 billion. Supported by a robust recovery in financial markets from March lows, our AUM grew to $686 billion, up 10% from the prior year. We accelerated important strategic investments to develop high quality differentiated services in Asia, al ....

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