Cohen & Steers Announces Preliminary Assets Under Management April 30, 2017
NEW YORK, May 8, 2017 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $59.2 billion as of April 30, 2017, an increase of $696 million from March 31, 2017. The increase was due to market appreciation of $584 million and net inflows of $470 million partially offset by distributions of $358 million. Net inflows for open-end funds and institutional accounts were $284 million and $186 million, respectively. Distributions for institutional subadvisory, closed-end funds and open-end funds were $286 million, $41 million and $31 million, respectively.
Cohen & Steers |
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Assets Under Management |
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(unaudited) |
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($ in millions) |
Preliminary |
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By investment vehicle: |
April 2017 |
March 2017 |
|
Institutional accounts |
$ 29,124 |
$ 28,935 |
|
Open-end funds |
20,818 |
20,361 |
|
Closed-end funds |
9,268 |
9,218 |
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Total |
$ 59,210 |
$ 58,514 |
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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.
SOURCE CNS
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