AllianceBernstein (AB) said preliminary assets under management decreased to $784 billion during March from $805 billion a month earlier.
Net inflows across institutional, retail and private wealth were offset by market depreciation, resulting in a 2.6% decline in the month-end AUM, the company said late Wednesday.
For the quarter-ended March, preliminary firmwide net inflows totaled $2.3 billion, it said.
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