EX-99.01 2 ex99_01.htm EXHIBIT 99.01 Exhibit 99.01

 
   
Philip Talamo, Investor Relations
212.969.2383
ir@alliancebernstein.com
 
John Meyers, Media
212.969.2301
pr@alliancebernstein.com
 
 
AllianceBernstein Announces January 31, 2007 Assets Under Management 

New York, NY, February 12, 2007 - AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. today reported that, during the month of January, preliminary assets under management increased by approximately $5 billion, or 0.7%, to $722 billion at January 31, 2007, due primarily to positive U.S. equity investment returns and continued net in-flows in all distribution channels.
 
   
($ billions) 
     
   
At January 31, 2007
(preliminary)
 
At Dec 31,
2006
 
 
 
 
 
 
 
 
 
 
 
 
 
   
Institutional
Investments
 
Retail
 
Private
Client
 
Total
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
 
 
Growth
 
$
103
 
$
48
 
$
24
 
$
175
 
$
174
 
Value
   
215
   
77
   
47
   
339
   
336
 
Total Equity
   
318
   
125
   
71
   
514
   
510
 
 
                     
Fixed Income
   
113
   
39
   
26
   
178
   
177
 
 
                     
Index/Structured
   
25
   
5
   
-
   
30
   
30
 
Total
 
$
456
 
$
169
 
$
97
 
$
722
 
$
717
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
At December 31, 2006
     
 
 
 
 
 
 
 
 
 
 
 
 
Total
 
$
455
 
$
167
 
$
95
 
$
717
   
 
 
 

 
 

 

About AllianceBernstein
 
AllianceBernstein is a leading global investment management firm providing investment management services for many of the largest U.S. public and private employee benefit plans, foundations, public employee retirement funds, pension funds, endowments, banks, insurance companies and high-net-worth individuals worldwide. AllianceBernstein is also one of the largest mutual fund sponsors, with a diverse family of globally distributed mutual fund portfolios. Through its subsidiary, Sanford C. Bernstein & Co., LLC, AllianceBernstein provides in-depth research, portfolio strategy and trade execution to the institutional investment community.
 
At December 31, 2006, AllianceBernstein Holding owned approximately 33.1% of the issued and outstanding AllianceBernstein Units. AXA Financial was the beneficial owner of approximately 59.9% of the AllianceBernstein Units at December 31, 2006 (including those held indirectly through its ownership of approximately 1.7% of the issued and outstanding Holding Units) which, including the general partnership interests in AllianceBernstein and Holding, represent an approximate 60.3% economic interest in AllianceBernstein. AXA Financial is a wholly-owned subsidiary of AXA, one of the largest global financial services organizations.
 
Forward-Looking Statements

Certain statements in this news release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These 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 we achieve for our clients, general economic conditions, future acquisitions, competitive conditions, and government regulations, including changes in tax rates. We caution readers to carefully consider our forward-looking statements in light of these factors. Further, these 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 subsequent events or circumstances. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see “Risk Factors” in Item 1 of Form 10-K for the year ended December 31, 2005. Any or all of the forward-looking statements that we make in Form 10-K, this news release, or any other public statements we issue may turn out to be wrong. Of course, factors other than those listed in “Risk Factors” could also adversely affect our revenues, financial condition, results of operations, and business prospects.
 
 
 
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