NEW YORK, May 9, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $55.0 billion as of April 30, 2016, a decrease of $71 million from March 31, 2016. The decrease was due to market depreciation of $355 million and distributions of $277 million, partially offset by open-end fund net inflows of $335 million and institutional net inflows of $226 million. Distributions for institutional subadvisory, open-end funds, and closed-end funds were $245 million, $25 million and $7 million, respectively.



                           Assets Under Management

                                 (unaudited)



    ($ in millions)                Preliminary

    By investment vehicle:         April 2016            March 2016
                                   ----------            ----------

    Institutional accounts                       $27,576           $27,857

    Open-end funds                                18,319            18,146

    Closed-end funds                               9,093             9,056

    Total                                        $54,988           $55,059
                                                 =======           =======

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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-april-30-2016-300265279.html

SOURCE Cohen & Steers, Inc.