NEW YORK, Jan. 12, 2015 /PRNewswire/ -- Cohen & Steers, Inc. CNS today reported preliminary assets under management of $53.1 billion as of December 31, 2014, a decrease of $248 million from November 30, 2014. The decrease was primarily due to net outflows partially offset by market appreciation.
|
Cohen & Steers | |||
|
Assets Under Management | |||
|
(unaudited) | |||
|
($ in millions) |
Preliminary |
||
|
By investment vehicle: |
December 2014 |
November 2014 | |
|
Institutional accounts |
$ 26,201 |
$ 26,226 | |
|
Open-end mutual funds 1 |
17,131 |
17,209 | |
|
Closed-end funds |
9,805 |
9,950 | |
|
Total |
$ 53,137 |
$ 53,385 | |
|
1U.S. open-end mutual funds recorded net outflows of approximately $211 million during the month of December. | |||
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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