05:53 AM EDT, 05/10/2024 (MT Newswires) -- AllianceBernstein ( AB ) said late Thursday that preliminary assets under management fell to $737 billion during the month of April from $759 billion at the end of March.

Firmwide, market depreciation outweighed net inflows, resulting in a 3% decline in assets under management, the company said.

By channel, net inflows in retail were partially offset by net outflows in institutions and private wealth.

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