NEW YORK, Feb. 8, 2017 /PRNewswire/ -- Cohen & Steers, Inc. CNS today reported preliminary assets under management of $57.6 billion as of January 31, 2017, an increase of $407 million from December 31, 2016. The increase was due to market appreciation of $469 million and total net inflows of $274 million, primarily comprised of open-end fund net inflows of $168 million and institutional net inflows of $106 million, partially offset by distributions of $336 million. Distributions for institutional subadvisory, open-end funds and closed-end funds were $266 million, $29 million and $41 million, respectively.
Assets Under Management | |||
(unaudited) | |||
($ in millions) |
Preliminary |
||
By investment vehicle: |
January 2017 |
December 2016 | |
Institutional accounts |
$ 28,635 |
$ 28,659 | |
Open-end funds |
19,926 |
19,576 | |
Closed-end funds |
9,044 |
8,963 | |
Total |
$ 57,605 |
$ 57,198 |
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.
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