Cohen & Steers Announces Preliminary Assets Under Management March 31, 2015
NEW YORK, April 9, 2015 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $54.7 billion as of March 31, 2015, a decrease of $70 million from February 28, 2015. The decrease was due to institutional net outflows of $310 million, partially offset by open-end mutual fund net inflows of $8 million1 and market appreciation of $232 million.
Assets Under Management |
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(unaudited) |
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($ in millions) |
Preliminary |
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By investment vehicle: |
March 2015 |
February 2015 |
|
Institutional accounts |
$ 26,704 |
$ 26,845 |
|
Open-end mutual funds |
18,062 |
17,885 |
|
Closed-end funds |
9,900 |
10,006 |
|
Total |
$ 54,666 |
$ 54,736 |
|
1Includes $64 million of net inflows into U.S. open-end mutual funds, partially offset by $56 million of net outflows from non-U.S. open-end mutual funds. |
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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, along with preferred securities and other income solutions. 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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