Cohen & Steers Announces Preliminary Assets Under Management June 30, 2015

Jul 09, 2015, 17:02 ET from Cohen & Steers, Inc.

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.