AllianceBernstein reported $635 billion in assets under management at the end of April, an increase of about 3% from the end of March, according to a company news release. The firm's AUM increased by roughly 16% since March 31, 2005. Company officials attributed the increase to market appreciation and positive net inflows.
Separately, Calamos Asset Management had $48.4 billion in assets under management as of April 30, up 2% from March 31. That represents annual growth of 31% from $36.7 billion at the end of April 2005, according to an earnings statement from the company. Mutual funds gained $600 million in April to total $35.6 billion, and separate accounts rose $200 million to total $12.8 billion.
In addition, Lazard reported $95.1 billion in assets under management at the end of the first quarter, an 8% increase from Dec. 31, according to a filing with the SEC. For the year ended March 31, Lazard's assets under management increased by roughly 10%. Company officials attributed most of the increase to market appreciation.
