AllianceBernstein assets grow by 4.2 percent in April

By Associated Press May 9, 2008 Comments (0)

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AllianceBernstein Holding LP increased assets under management in April by 4.2 percent as investment returns overcame net fund outflows, the financial-services firm said Friday.

AllianceBernstein finished April with $766 billion in assets under management, up from $735 billion on March 31. The firm boosted by assets in value and growth equities, while fixed-income and indexed assets were flat.

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