NEW YORK, Oct. 9, 2014 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $49.7 billion as of September 30, 2014, a decrease of $2.5 billion, or 4.8%, from August 31, 2014. The decrease was primarily due to market depreciation.
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Cohen & Steers Assets Under Management (unaudited) ($ in millions) Preliminary By investment vehicle: September 2014 August 2014 Institutional accounts $23,941 $25,160 Open-end mutual funds (1) 16,116 17,000 Closed-end mutual funds 9,638 10,038 ----- ------ Total $49,695 $52,198 ======= =======)
(1)U.S. open-end mutual funds recorded net outflows of approximately $84 million during the month of September.
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. 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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