Investopedia: AllianceBernstein Could Be Looking At A Long Turnaround

Reputation is a critical asset for asset management companies, and a few years of bad performance can take a very long time to reverse. That's one of the key challenges for AllianceBernstein Holding L.P. (NYSE:AB), as this partnership is seeing ongoing outflows fueled by underwhelming fund performance. While these shares do offer a high yield and performance could improve if higher rates drive investors back into equity funds, the poor performance and rankings of the company's funds will likely weigh on results for some time.

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