The business of managing wealth has lost a lotrnof its pizzazz, and Wall Street is no longer upbeat on the sector. The market's decline since 2007 has driven big money out. But dyed-in-the-wool value players remain high on the group. A top pick: AllianceBernstein Holding (AP), a unit of French insurer AXA. "Industry consolidation isrnjust starting, and quality managers like Alliance are bound to catch fresh attention," says Robert Olstein of Olstein All Cap Value Fund, which has 13 million shares. With Alliance's assets under management falling to $400 billion in March from $800 billion two years ago, the stock tumbled to 11 from 78 in 2008. Since then, it has recovered to 20.44.
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机译：财富管理业务失去了很多麻烦，华尔街对此不再乐观。自2007年以来市场的下跌驱使了巨额资金流失。但是，染上羊毛的球员仍然是集团中的佼佼者。首选：AllianceBernstein Holding（AP），法国保险公司AXA的子公司。拥有1300万股股票的奥尔斯坦全价值价值基金（Olstein All Cap Value Fund）的罗伯特·奥尔斯坦（Robert Olstein）说：“产业整合才刚刚开始，像联盟这样的质量管理者必将引起新的关注。”随着3月份管理的联盟资产从两年前的8000亿美元下降至4000亿美元，该股票从2008年的78股跌至11股。自那时以来，它已恢复至20.44股。
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