NEW YORK, Dec. 9, 2014 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $53.4 billion as of November 30, 2014, a decrease of $0.1 billion from October 31, 2014. The decrease was primarily due to net outflows partially offset by market appreciation.
Cohen & Steers Assets Under Management (unaudited) ($ in millions) Preliminary By investment vehicle: November 2014 October 2014 ------------- ------------ Institutional accounts $26,226 $26,194 Open-end mutual funds (1) 17,209 17,392 Closed-end mutual funds 9,950 9,899 Total $53,385 $53,485 ======= =======
(1)U.S. open-end mutual funds recorded net outflows of approximately $415 million during the month of November.
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.
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SOURCE Cohen & Steers, Inc.