- Decline due principally to negative investment returns as well as net outflows, primarily in the Retail channel.

Other headlines for [AB]

• 11/29/2008 03:03pm
  Barron's Summary- positive feature on asset manager AllianceBerstein (AB). The shares have dropped about 75% this year, but could rebound 50% in the next 12 months if the market rebounds, says more...
  
• AB 11/11/2008 10:57am
  Alliance Bernstein Holding L.P. Reports Oct AUM $482B -18.3% m/m- Cites principally to negative investment returns as well as net outflows in all distribution channels.
  
• 10/29/2008 00:49am
  (US) Fidelity Investments may seek to cut its head count by as many as 4K employees (9% of the company's work force) - WSJ- Negative cash flows in the firms stock mutual funds are being cited for the more...
  
• AB 10/28/2008 07:51am
  Alliance Bernstein Holding L.P. Removed from Focus List at a boutique firm; AOC added
  
• TROW 10/24/2008 07:32am
  T. Rowe Price Group, Inc Reports Q3 $0.56 v $0.56e, R $555M v $551.6Me- AUM $345B -11% q/q - Average mutual fund asstes were $207.4B - Has repurchased $454M of stck in first 9-months of FY08 (17% of market cap)
  

Financials sector headlines

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• OZM Today 07:36am
  Och-Ziff Capital Management Reports estimated unaudited AUM of "about" $27.7B as of Dec 1 (-19% m/m) - filing- OZM notes this AUM figure reflects a net decrease of about $700M m/m - OZ Master Fund, Ltd. Nov -2.19%, YTD more...
  
• Today 07:07am
  (GE) German Finance Ministry: Comments in Brussels that state aid for Commerzbank not yet concluded
  
• TRH Today 07:04am
  Transatlantic Holdings Inc Files mixed securities shelf - filing