Of six publicly traded asset managers, all but one saw a rise in assets under management last month of at least two percent.
Of the six ,
Cohen & Steers [
profile] may have had the best October. The New York City-based mutual fund shop's AUM
increased 3.1 percent in October to $14.146 billion.
Franklin Templeton [
profile]
reported a 2.9 percent AUM increase to $868.9 billion on October 31. At
Invesco [
profile], AUM
rose 2.5 percent in October to $763.9 billion.
Legg Mason's [
profile] AUM
climbed 2.1 percent to $669.9 billion. And
Manning and Napier's [
profile] AUM
grew by 2.0 percent to $50.1 billion.
Meanwhile,
AllianceBernstein's [
profile] AUM only
climbed 0.2 percent ($1 billion) in October to $446 billion. Yet that increase came despite AllianceBernstein's loss of about $7 billion in AUM at the beginning of October thanks to the sale by its parent,
Axa, of
MONY Life Insurance Company. 
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