Cohen & Steers Announces Preliminary Assets Under Management January 31, 2016

Feb 08, 2016, 17:03 ET from Cohen & Steers, Inc.

NEW YORK, Feb. 8, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $51.4 billion as of January 31, 2016, a decrease of $1.2 billion from December 31, 2015. The decrease was due to market depreciation of $1.6 billion and closed-end fund net outflows of $77 million, partially offset by open-end net inflows of $232 million and institutional net inflows of $170 million.

 

Assets Under Management

(unaudited)

($ in millions)

Preliminary

By investment vehicle:

January 2016

December 2015

Institutional accounts

$              25,420

$              26,105

Open-end mutual funds

17,184

17,460

Closed-end funds

8,746

9,029

Total  

$              51,350

$              52,594

 

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 Cohen & Steers, Inc.