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Thursday, June 13, 2002 Alliance Dropped Assets in May 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. Printed from: MFWire.com/story.asp?s=2857 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |