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Share this article Share this article NEW YORK, Feb. 11, 2021 /PRNewswire/ AllianceBernstein L.P. ( AB ) and AllianceBernstein Holding L.P. ( AB Holding ) (NYSE: AB) today reported financial and operating results for the quarter and year ended December 31, 2020. Despite facing unprecedented global challenges in 2020, our firm s diversified platform continued its growth trajectory, said Seth P. Bernstein, President and CEO of AllianceBernstein. Our talented people remained fully invested in helping our clients reach their financial goals. Strength in active equities, including ESG, helped drive full year active net inflows of $14.9 billion, or a 3% active organic growth rate, excluding expected low-fee AXA redemptions of $11.8 billion. Supported by a robust recovery in financial markets from March lows, our AUM grew to $686 billion, up 10% from the prior year. We accelerated important strategic investments to develop high quality differentiated services in Asia, alternatives,

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