PR Newswire
NEW YORK, Dec. 8, 2016
NEW YORK, Dec. 8, 2016 /PRNewswire/ -- Cohen & Steers,
Inc. (NYSE: CNS) today reported preliminary assets under management of $56.5 billion as of
November 30, 2016, a decrease of $2.1 billion from October 31, 2016. The decrease was due to market depreciation of $1.4 billion,
distributions of $333 million, and net outflows of $391 million,
comprised of institutional net outflows of $43 million and open-end fund net outflows of
$348 million. Distributions for institutional subadvisory, open-end funds and closed-end funds
were $262 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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November 2016
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October 2016
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Institutional accounts
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$ 27,993
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$ 28,969
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Open-end funds
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19,653
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20,574
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Closed-end funds
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8,850
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9,099
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Total
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$ 56,496
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$ 58,642
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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.