NEW YORK, Oct. 10, 2016 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $60.5 billion as of September 30, 2016, a decrease of $758 million from August 31, 2016. The decrease was due to market depreciation of $639 million and distributions of $498 million, partially offset by total net inflows of $378 million, comprised of open-end fund net inflows of $243 million and institutional net inflows of $135 million. Distributions for institutional subadvisory, open-end funds and closed-end funds were $288 million, $101 million and $109 million, respectively.
Assets Under Management (unaudited) ($ in millions) Preliminary By investment vehicle: September 2016 August 2016 -------------- ----------- Institutional accounts $29,948 $30,464 Open-end funds 21,165 21,274 Closed-end funds 9,384 9,517 Total $60,497 $61,255 ======= =======
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.