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Earnings Call Summary | AllianceBernstein Holding(AB.US) Q1 2024 Earnings Conference

Earnings Call Summary | AllianceBernstein Holding(AB.US) Q1 2024 Earnings Conference

業績電話會議摘要 | AllianceBernstein Holding (AB.US) 2024 年第一季度業績會議
富途資訊 ·  04/27 09:22  · 電話會議

The following is a summary of the AllianceBernstein Holding L.P. Limited Partnership Units (AB) Q1 2024 Earnings Call Transcript:

以下是AllianceBernstein Holding L.P. L.P. L.P. L.P.(AB)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • AllianceBernstein recorded Q1 gross sales of $32.6 billion, an increase of 27% year-on-year.

  • Firmwide active net inflows were $3.7 billion, offering an organic growth of 2.3%.

  • Assets Under Management (AUM) reached $759 billion at quarter end, rising by 12% year-on-year and 5% sequentially.

  • An 11% year-on-year and 8% sequential increase was noted in average AUM.

  • Retail sector showed gross sales of $23.8 billion, marking a 42% year-on-year and 13% sequential increase.

  • Company-wide net inflows were $500 million for Q1.

  • Adjusted operating income for AB increased by 12% year-on-year, and unitholder distributions per unit grew 11%.

  • The first quarter effective tax rate for AB was 6.6%, expected to stay between 7% to 7.5% for 2024.

  • 聯盟伯恩斯坦第一季度總銷售額爲326億美元,同比增長27%。

  • 全公司的活躍淨流入量爲37億美元,有機增長2.3%。

  • 管理資產(AUM)在本季度末達到7590億美元,同比增長12%,環比增長5%。

  • 平均資產管理規模同比增長11%,連續增長8%。

  • 零售業的總銷售額爲238億美元,同比增長42%,連續增長13%。

  • 第一季度全公司淨流入量爲5億美元。

  • AB調整後的營業收入同比增長12%,單位持有人每單位分配額增長11%。

  • AB第一季度的有效稅率爲6.6%,預計到2024年將保持在7%至7.5%之間。

Business Progress:

業務進展:

  • The company benefited from solid global equity market returns and organic fixed income flows, in addition to 8% growth in multi-asset alternatives.

  • AB completed its joint venture with Bernstein Research and Societe Generale, utilizing the gained $304 million to decrease debt.

  • Strong fixed income flows globally propelled retail sector growth.

  • Performance in fixed-income was notable, with 91% of assets outperforming over the last year.

  • A global consultancy upgraded the firm's U.S. Sustainable Thematic.

  • Net inflows to the institutional sector were recorded at $4.2 billion.

  • The firm anticipates financial growth across multiple channels including U.S. Retail third party channel and U.S. Private Wealth business.

  • The firm is focused on its strong team and plans to engage heavily with insurance clients in the market.

  • A new NAV lending solution has been rolled out, showcasing the firm's innovative capabilities.

  • 該公司受益於穩健的全球股票市場回報和有機固定收益流,以及多資產另類資產的8%增長。

  • AB完成了與伯恩斯坦研究和興業銀行的合資企業,利用獲得的3.04億美元減少了債務。

  • 全球強勁的固定收益流推動了零售業的增長。

  • 固定收益的表現引人注目,去年有91%的資產表現跑贏大盤。

  • 一家全球諮詢公司升級了公司的美國可持續發展主題。

  • 機構部門的淨流入量爲42億美元。

  • 該公司預計,包括美國零售第三方渠道和美國私人財富業務在內的多個渠道的財務增長。

  • 該公司專注於其強大的團隊,並計劃與市場上的保險客戶進行大量互動。

  • 新的資產淨值貸款解決方案已經推出,展示了該公司的創新能力。

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


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