Cohen & Steers Announces Preliminary Assets Under Management September 30, 2016

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NEW YORK, Oct. 10, 2016 /PRNewswire/ -- Cohen & Steers, Inc. 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.

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-september-30-2016-300342075.html

SOURCE Cohen & Steers, Inc.

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