Cohen & Steers Announces Preliminary Assets Under Management March 31, 2017

Loading...
Loading...

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.

 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-march-31-2017-300437567.html

SOURCE Cohen & Steers, Inc.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...