AllianceBernstein L.P. and AllianceBernstein Holding L.P. AB today announced that preliminary assets under management increased to $444 billion during July 2013 from $435 billion at the end of June. The 2.1% increase was driven predominantly by market appreciation. Firmwide net flows were modestly negative, with net inflows to Institutions more than offset by net outflows from Retail and Private Client.
Equity AUM's rose $6 billion, fixed income AUM's rose $2 billion, and other AUM's rose $1 billion.
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