AllianceBernstein Announces January 31 Assets Under Management of $421B; up 4%

AllianceBernstein L.P. and AllianceBernstein Holding L.P.

today announced that preliminary assets under management increased to $421 billion from $406 billion during January 2012. The 4% increase was due to market appreciation partially offset by net outflows, which were lower across the firm's three distribution channels.