NEW YORK, March 8, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $50.9 billion as of February 29, 2016, a decrease of $461 million from January 31, 2016. The decrease was due to market depreciation of $695 million, open-end mutual fund net outflows of $85 million, and closed-end fund net outflows of $10 million, partially offset by institutional net inflows of $329 million.
|
Assets Under Management
|
|
(unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
($ in millions)
|
|
|
|
Preliminary
|
|
|
|
By investment vehicle:
|
|
|
|
February 2016
|
|
January 2016
|
|
Institutional accounts
|
|
|
|
$ 25,493
|
|
$ 25,420
|
|
Open-end mutual funds
|
|
|
|
16,778
|
|
17,184
|
|
Closed-end funds
|
|
|
|
8,618
|
|
8,746
|
|
Total
|
|
|
|
$ 50,889
|
|
$ 51,350
|
About Cohen & Steers
Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure, commodities and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Hong Kong, Tokyo and Seattle.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-february-29-2016-300232933.html
SOURCE Cohen & Steers, Inc.
