NEW YORK, March 10, 2015 /PRNewswire/ -- Cohen & Steers, Inc. CNS today reported preliminary assets under management of $54.7 billion as of February 28, 2015, a decrease of $763 million from January 31, 2015. The decrease was due to market depreciation of $494 million, institutional net outflows of $323 million, and open-end mutual fund net inflows of $54 million1.
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Cohen & Steers | |||
|
Assets Under Management | |||
|
(unaudited) | |||
|
($ in millions) |
Preliminary |
||
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By investment vehicle: |
February 2015 |
January 2015 | |
|
Institutional accounts |
$ 26,845 |
$ 27,495 | |
|
Open-end mutual funds |
17,885 |
18,028 | |
|
Closed-end funds |
10,006 |
9,976 | |
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Total |
$ 54,736 |
$ 55,499 | |
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1Includes $221 million of net inflows into U.S. open-end mutual funds, partially offset by $167 million of net outflows from non-U.S. open-end mutual funds. |
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, along with preferred securities and other income solutions. 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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SOURCE Cohen & Steers, Inc.
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