Cohen & Steers Announces Preliminary Assets Under Management June 30, 2017
NEW YORK, July 11, 2017 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $60.4 billion as of June 30, 2017, an increase of $573 million from May 31, 2017. The increase was due to market appreciation of $700 million and net inflows of $394 million partially offset by distributions of $521 million. Net inflows for open-end funds and institutional accounts were $348 million and $46 million, respectively. Distributions for institutional subadvisory, open-end funds and closed-end funds were $281 million, $199 million and $41 million, respectively.
Cohen & Steers |
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Assets Under Management |
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($ in millions) |
Preliminary |
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By investment vehicle: |
June 2017 |
May 2017 |
|
Institutional accounts |
$ 29,457 |
$ 29,375 |
|
Open-end funds |
21,613 |
21,154 |
|
Closed-end funds |
9,367 |
9,335 |
|
Total |
$ 60,437 |
$ 59,864 |
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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