AllianceBernstein Holding L.P. Limited Partnership Units (AB) Q3 2024 Earnings Call Transcript Summary
AllianceBernstein Holding L.P. Limited Partnership Units (AB) Q3 2024 Earnings Call Transcript Summary
Third quarter adjusted earnings per unit of $0.77, up 19% versus the prior year, with a focus on margin improvement moving into 2025.The following is a summary of the AllianceBernstein Holding L.P. Limited Partnership Units (AB) Q3 2024 Earnings Call Transcript:
以下是聯博控股有限合夥基金（AB）2024年第三季度業績會交易摘要：
Financial Performance:
金融業績：
AllianceBernstein reported a strong Q3 with net flows each quarter this year and surpassed $800 billion in assets under management.
Adjusted operating margin in Q3 was 31.3%, up 330 basis points year-over-year.
Third quarter adjusted earnings per unit of $0.77, up 19% versus the prior year, with a focus on margin improvement moving into 2025.
聯博控股報告顯示，今年每個季度淨流入，資產管理規模超過8000億美元。
第三季度調整後的營業利潤率爲31.3％，較去年同期增長330個點子。
第三季度調整後的單位收益爲0.77美元，較去年同期增長19％，着重於轉向2025年的利潤率改善。
Business Progress:
業務進展：
Demonstrated consistent organic growth across multiple quarters, particularly in active fixed income with $6 billion inflows.
Expanded the private markets platform, including launching the AB CarVal Credit Opportunities Fund targeting retail markets.
Engaging in scaling strategies and launching new products across various financial sectors including insurance and retail.
展示了在多個季度內穩定的有機增長，特別是在固收業務中，淨流入達到60億美元。
擴大了私募市場平台，包括推出旨在面向零售市場的Ab CarVal信用機會基金。
參與跨越多個金融領域的擴展策略，並推出包括保險和零售在內的新產品。
Opportunities:
機會：
Positive market repositioning in fixed income and private markets, with ongoing initiatives in Asian markets and new product launches.
Increased client RFP activity and organic growth potential across institutional and retail channels, supported by strategic partnerships such as with Equitable.
固定收益和私人市場的積極市場重新定位，以及在亞洲市場和新產品推出方面的持續舉措。
客戶的RFP活動增加，機構和零售渠道的有機增長潛力增強，受益於與Equitable等戰略合作伙伴關係的支持。
Risks:
風險：
Elevated outflows in active equity strategies driven by concentrated institutional redemptions.
Possible impacts from market and economic fluctuations affecting fee rates and investment outcomes.
積極股權策略中出現的增加流出，主要由集中式機構贖回驅動。
市場和經濟波動可能會影響費率和投資回報。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
