PR Newswire
NEW YORK, Nov. 8, 2016
NEW YORK, Nov. 8, 2016 /PRNewswire/ -- Cohen & Steers, Inc.
(NYSE: CNS) today reported preliminary assets under management of $58.6 billion as of October 31, 2016, a decrease of $1.9 billion from September 30, 2016. The decrease was due to market depreciation of $2.3 billion
and distributions of $353 million, partially offset by total net inflows of $807 million, comprised of institutional net inflows of $684 million and open-end
fund net inflows of $123 million. Distributions for institutional subadvisory, open-end funds
and closed-end funds were $282 million, $30 million and $41 million, respectively.
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Assets Under Management
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(unaudited)
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($ in millions)
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Preliminary
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By investment vehicle:
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October 2016
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September 2016
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Institutional accounts
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$ 28,969
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$ 29,948
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Open-end funds
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20,574
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21,165
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Closed-end funds
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9,099
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9,384
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Total
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$ 58,642
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$ 60,497
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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.
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SOURCE Cohen & Steers, Inc. (CNS)