Cohen & Steers Announces Preliminary Assets Under Management as of July 31, 2014
NEW YORK, Aug. 11, 2014 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of approximately $51.4 billion as of July 31, 2014, a decrease of $932 million, or 1.8%, from June 30, 2014. The decrease was due to net outflows and market depreciation.
Cohen & Steers |
|||
Assets Under Management |
|||
(unaudited) |
|||
($ in millions) |
Preliminary |
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By investment vehicle: |
July 2014 |
June 2014 |
|
Institutional accounts |
$ 24,731 |
$ 25,728 |
|
Open-end mutual funds 1 |
16,822 |
16,629 |
|
Closed-end mutual funds |
9,800 |
9,928 |
|
Total |
$ 51,353 |
$ 52,285 |
1 U.S. open-end mutual funds recorded net inflows of approximately $216 million during the month of July.
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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