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Cohen & Steers Announces Preliminary Assets Under Management February 28, 2017

CNS

PR Newswire

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  

$              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.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-february-28-2017-300420176.html

SOURCE Cohen & Steers, Inc.