NEW YORK, July 11, 2016 /PRNewswire/ -- Cohen & Steers, Inc. CNS today reported preliminary assets under management of $58.7 billion as of June 30, 2016, an increase of $2.4 billion from May 31, 2016. The increase was due to market appreciation of $2.4 billion and total net inflows of $729 million, comprised of open-end fund net inflows of $544 million and institutional net inflows of $185 million, partially offset by distributions of $700 million. Distributions for open-end funds, institutional subadvisory, and closed-end funds were $324 million, $267 million and $109 million, respectively.
Assets Under Management | |||
(unaudited) | |||
($ in millions) |
Preliminary |
||
By investment vehicle: |
June 2016 |
May 2016 | |
Institutional accounts |
$ 29,581 |
$ 28,322 | |
Open-end funds |
19,777 |
18,818 | |
Closed-end funds |
9,391 |
9,196 | |
Total |
$ 58,749 |
$ 56,336 | |
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
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