Alliance Capital Management Holdings reported assets under management...

Alliance Capital Management Holdings reported assets under management of $543 billion as of Aug. 31, up $9 billion, or 1.7%, from the previous month, sparked by net inflows and strong investment performance, according to a news release from the firm. Institutional equity assets in August rose by $4 billion to $208 billion, while retail equity assets climbed $2 billion to $94 billion. In a sign that interest in growth equity products is rising, Alliance said its $2 billion gain on the retail equity side came entirely from growth.