Attached files
| file | filename |
|---|---|
| 8-K - ALLIANCEBERNSTEIN HOLDING L.P. 8-K 1-13-2010 - ALLIANCEBERNSTEIN HOLDING L.P. | form8k.htm |
EXHIBIT
99.01
|
News
Release
Philip
Talamo, Investor Relations
212.969.2383
ir@alliancebernstein.com
|
John Meyers,
Media
212.969.2301
john.meyers@alliancebernstein.com
|
 |
AllianceBernstein
Announces December 31, 2009 Assets Under Management
Fourth
Quarter 2009 Earnings Conference Call to be Held on February 11, 2010 at 5:00
P.M. (EST)
New York,
NY, January 13, 2010 – AllianceBernstein Holding L.P. (NYSE: AB) and
AllianceBernstein L.P. today reported that during the month of December,
preliminary assets under management were unchanged at $496 billion as positive
investment performance was offset by modest net outflows, primarily in the
Institutions channel.
AllianceBernstein
L.P. (The Operating Partnership)
ASSETS
UNDER MANAGEMENT
|
At
December 31, 2009
|
At
Nov. 30,
|
|||||||||||||||||||
|
Preliminary
|
2009
|
|||||||||||||||||||
|
$
billions
|
Institutions
|
Retail
|
Private
Client
|
Total
|
Total
|
|||||||||||||||
|
Equity
|
||||||||||||||||||||
|
Value
|
$ | 108 | $ | 37 | $ | 26 | $ | 171 | $ | 171 | ||||||||||
|
Growth
|
53 | 24 | 17 | 94 | 93 | |||||||||||||||
| 161 | 61 | 43 | 265 | 264 | ||||||||||||||||
|
Fixed
Income
|
122 | 40 | 32 | 194 | 198 | |||||||||||||||
|
Other(1)
|
17 | 20 | - | 37 | 34 | |||||||||||||||
|
Total
|
$ | 300 | $ | 121 | $ | 75 | $ | 496 | $ | 496 | ||||||||||
|
At
November 30, 2009
|
||||||||||||||||||||
|
Total
|
$ | 304 | $ | 117 | $ | 75 | $ | 496 | ||||||||||||
(1)
Includes Index, Structured and Asset Allocation services.
|
www.alliancebernstein.com
|
1
of 2
|
Fourth
Quarter 2009 Earnings Conference Call Information
AllianceBernstein’s
management will review fourth quarter 2009 financial and operating results on
Thursday, February 11, 2010 during a conference call beginning at 5:00 p.m.
(EST), following the release of its financial results after the close of the New
York Stock Exchange. The conference call will be hosted by Peter S. Kraus,
Chairman and Chief Executive Officer, David A. Steyn, Chief Operating Officer
and Robert H. Joseph, Jr., Chief Financial Officer.
Parties
may access the conference call by either webcast or telephone:
|
1.
|
To
listen by webcast, please visit AllianceBernstein’s Investor Relations
website at http://ir.alliancebernstein.com/investorrelations at least 15
minutes prior to the call to download and install any necessary audio
software.
|
|
2.
|
To
listen by telephone, please dial (866) 556-2265 in the U.S. or (973)
935-8521 outside the U.S., 10 minutes before the 5:00 p.m. (EST) scheduled
start time. The conference ID# is
50182270.
|
The
presentation that will be reviewed during the conference call will be available
on AllianceBernstein’s Investor Relations website shortly after the release of
Fourth quarter 2009 financial results on February 11, 2010.
A replay
of the webcast will be made available beginning at approximately 7:00 p.m. (EST)
on February 11, 2010 and will be available on AllianceBernstein’s website for
one week. An audio replay of the conference call will also be available for one
week. To access the audio replay, please call (800) 642-1687 from the U.S., or
outside the U.S. call (706) 645-9291, and provide conference ID#.
50182270.
Cautions
regarding Forward-Looking Statements
Certain
statements provided by management in this news release are “forward-looking
statements” within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements are subject to risks, uncertainties,
and other factors that could cause actual results to differ materially from
future results expressed or implied by such forward-looking statements. The most
significant of these factors include, but are not limited to, the following: the
performance of financial markets, the investment performance of sponsored
investment products and separately managed accounts, general economic
conditions, industry trends, future acquisitions, competitive conditions, and
government regulations, including changes in tax regulations and rates and the
manner in which the earnings of publicly traded partnerships are taxed. We
caution readers to carefully consider such factors. Further, such
forward-looking statements speak only as of the date on which such statements
are made; we undertake no obligation to update any forward-looking statements to
reflect events or circumstances after the date of such statements. For further
information regarding these forward-looking statements and the factors that
could cause actual results to differ, see “Risk Factors” and “Cautions Regarding
Forward-Looking Statements” in our Form 10-K for the year ended December 31,
2008 and Form 10-Q for the quarter ended September 30, 2009. Any or all of the
forward-looking statements that we make in this news release, Form 10-K, Form
10-Q, other documents we file with or furnish to the SEC, and any other public
statements we issue, may turn out to be wrong. It is important to remember that
other factors besides those listed in “Risk Factors” and “Cautions Regarding
Forward-Looking Statements”, and those listed above, could also adversely affect
our revenues, financial condition, results of operations and business
prospects.
About
AllianceBernstein
AllianceBernstein
is a leading global investment management firm that offers high-quality research
and diversified investment services to institutional clients, individuals and
private clients in major markets around the world. AllianceBernstein employs
more than 500 investment professionals with expertise in growth equities, value
equities, fixed income securities, blend strategies and alternative investments
and, through its subsidiaries and joint ventures, operates in more than 20
countries. AllianceBernstein’s research disciplines include fundamental
research, quantitative research, economic research and currency forecasting
capabilities. Through its integrated global platform, AllianceBernstein is
well-positioned to tailor investment solutions for its clients.
AllianceBernstein also offers independent research, portfolio strategy and
brokerage-related services to institutional investors.
At
December 31, 2009, AllianceBernstein Holding L.P. owned approximately 36.9% of
the issued and outstanding AllianceBernstein Units and AXA, one of the largest
global financial services organizations, owned an approximate 62.1% economic
interest in AllianceBernstein.
|
www.alliancebernstein.com
|
2
of 2
|