NEW YORK, Dec. 8, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $56.5 billion as of November 30, 2016, a decrease of $2.1 billion from October 31, 2016. The decrease was due to market depreciation of $1.4 billion, distributions of $333 million, and net outflows of $391 million, comprised of institutional net outflows of $43 million and open-end fund net outflows of $348 million. Distributions for institutional subadvisory, open-end funds and closed-end funds were $262 million, $30 million and $41 million, respectively.
Assets Under Management (unaudited) ($ in millions) Preliminary By investment vehicle: November 2016 October 2016 ------------- ------------ Institutional accounts $27,993 $28,969 Open-end funds 19,653 20,574 Closed-end funds 8,850 9,099 Total $56,496 $58,642 ======= =======
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.