 AllianceBernstein L.P. AB and AllianceBernstein Holding L.P. AB Holding NYSE: AB today announced that preliminary assets under management increased to 623 billion during July 2020 from 600 billion at the end of June. The 3.8 increase was due to market appreciation and firmwide net inflows. By channel, Retail and Institutions experienced positive net flows, while Private Wealth experienced outflows. July month-end AUM also reflected 2.2 billion in outflows resulting from AXA S.A.s redemption of certain low-fee fixed income mandates. Year-to-date through July, these redemptions amounted to approximately 11.1 billion of the total expected redemptions of 14 billion. 