NEW YORK, April 10, 2017 /PRNewswire/ -- Cohen & Steers, Inc. CNS today reported preliminary assets under management of $58.5 billion as of March 31, 2017, a decrease of $629 million from February 28, 2017. The decrease was due to market depreciation of $712 million and distributions of $433 million partially offset by net inflows of $516 million. Net inflows for open-end funds and institutional accounts were $304 million and $212 million, respectively. Distributions for institutional subadvisory, open-end funds and closed-end funds were $277 million, $115 million and $41 million, respectively. A transfer of $184 million was recorded from open-end funds to institutional accounts.
Assets Under Management | |||
(unaudited) | |||
($ in millions) |
Preliminary |
||
By investment vehicle: |
March 2017 |
February 2017 | |
Institutional accounts |
$ 28,935 |
$ 29,259 | |
Open-end funds |
20,361 |
20,627 | |
Closed-end funds |
9,218 |
9,257 | |
Total |
$ 58,514 |
$ 59,143 |
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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