PR Newswire
NEW YORK, March 8, 2017
NEW YORK, March 8, 2017 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today
reported preliminary assets under management of $59.1 billion as of February
28, 2017, an increase of $1.5 billion from January 31, 2017.
The increase was due to market appreciation of $1.8 billion and total net inflows of $114 million, primarily comprised of open-end fund net inflows of $118 million
and institutional net outflows of $4 million, partially offset by distributions of $339 million. Distributions for institutional subadvisory, open-end funds and closed-end funds were
$268 million, $30 million and $41
million, respectively.
Assets Under Management
|
(unaudited)
|
|
|
|
|
($ in millions)
|
Preliminary
|
|
|
By investment vehicle:
|
February 2017
|
|
January 2017
|
Institutional accounts
|
$ 29,259
|
|
$ 28,635
|
Open-end funds
|
20,627
|
|
19,926
|
Closed-end funds
|
9,257
|
|
9,044
|
Total
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$ 59,143
|
|
$ 57,605
|
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.