Cohen & Steers Announces Preliminary Assets Under Management July 31, 2016
NEW YORK, Aug. 8, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $61.5 billion as of July 31, 2016, an increase of $2.8 billion from June 30, 2016. The increase was due to market appreciation of $2.2 billion and total net inflows of $851 million, comprised of open-end fund net inflows of $510 million and institutional net inflows of $341 million, partially offset by distributions of $301 million. Distributions for institutional subadvisory, open-end funds and closed-end funds were $267 million, $27 million and $7 million, respectively.
Assets Under Management |
|||||
(unaudited) |
|||||
($ in millions) |
Preliminary |
||||
By investment vehicle: |
July 2016 |
June 2016 |
|||
Institutional accounts |
$ |
30,852 |
$ |
29,581 |
|
Open-end funds |
$ |
21,032 |
$ |
19,777 |
|
Closed-end funds |
$ |
9,623 |
$ |
9,391 |
|
Total |
$ |
61,507 |
$ |
58,749 |
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.
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