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Rating:Alliance Dropped Assets in May Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, June 13, 2002

Alliance Dropped Assets in May

by: Sean Hanna, Editor in Chief

Alliance Capital said today that its assets under management fell to $433 billion at the end of May from $437 billion at the end of April. The 0.9 percent drop was primarily due to a 4.5 percent decline in the size of the firm's growth equity portfolio.

Since last year assets managed by the firm have fallen some $25 billion from $458 billion.  

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