COHEN & STEERS, INC. NEW YORK, Sept. 12, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $61.3 billion as of August 31, 2016, a decrease of $252 million from July 31, 2016. The decrease was due to market depreciation of $978 million and distributions of $308 million, partially offset by total net inflows of $1.0 billion, comprised of open-end fund net inflows of $516 million and institutional net inflows of $501 million. Distributions for institutional subadvisory, open-end funds and closed-end funds were $272 million, $29 million and $7 million, respectively.
Assets Under Management
(unaudited)
($ in millions) Preliminary
By investment vehicle: August 2016 July 2016
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Institutional accounts $30,464 $30,852
Open-end funds 21,274 21,032
Closed-end funds 9,517 9,623
Total $61,255 $61,507
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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.
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SOURCE Cohen & Steers, Inc.
