Cohen & Steers Announces Preliminary Assets Under Management as of August 31, 2014
NEW YORK, Sept. 10, 2014 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $52.2 billion as of August 31, 2014, an increase of $845 million, or 1.6%, from July 31, 2014. The increase was due to market appreciation, partially offset by net outflows.
Cohen & Steers |
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($ in millions) |
Preliminary |
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By investment vehicle: |
August 2014 |
July 2014 |
|
Institutional accounts |
$ 25,160 |
$ 24,731 |
|
Open-end mutual funds 1 |
17,000 |
16,822 |
|
Closed-end mutual funds |
10,038 |
9,800 |
|
Total |
$ 52,198 |
$ 51,353 |
|
1U.S. open-end mutual funds recorded net outflows of approximately $64 million during the month of August. |
About Cohen & Steers
Founded in 1986, Cohen & Steers is a leading global investment manager with a long history of innovation and a focus on real assets, including real estate, infrastructure and commodities. Headquartered in New York City, with offices in London, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors around the world.
SOURCE Cohen & Steers, Inc.
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