Cohen & Steers Announces Preliminary Assets Under Management June 30, 2015
NEW YORK, July 9, 2015 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $50.1 billion as of June 30, 2015, a decrease of $2.6 billion from May 31, 2015. The decrease was due to market depreciation of $2.2 billion, open-end mutual fund net outflows of $0.3 billion1 and institutional net outflows of $0.1 billion.
Cohen & Steers |
|||
Assets Under Management |
|||
($ in millions) |
Preliminary |
||
By investment vehicle: |
June 2015 |
May 2015 |
|
Institutional accounts |
$ 24,545 |
$ 25,648 |
|
Open-end mutual funds |
16,236 |
17,299 |
|
Closed-end funds |
9,367 |
9,804 |
|
Total |
$ 50,148 |
$ 52,751 |
|
1Included $276 million of net outflows from U.S. open-end mutual funds.
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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