Cohen & Steers Announces Preliminary Assets Under Management May 31, 2015
NEW YORK, June 8, 2015 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $52.8 billion as of May 31, 2015, a decrease of $0.7 billion from April 30, 2015. The decrease was due to market depreciation of $0.3 billion, open-end mutual fund net outflows of $0.3 billion1, and institutional net outflows of $0.1 billion.
| Assets Under Management |
||||
| (unaudited) |
||||
| ($ in millions) |
Preliminary |
|||
| By investment vehicle: |
May 2015 |
April 2015 |
||
| Institutional accounts |
$ 25,648 |
$ 25,956 |
||
| Open-end mutual funds |
17,299 |
17,674 |
||
| Closed-end funds |
9,804 |
9,853 |
||
| Total |
$ 52,751 |
$ 53,483 |
||
1Includes $201 million of net outflows from U.S. open-end mutual funds and $93 million of net outflows from non-U.S. open-end mutual funds.
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.
SOURCE Cohen & Steers, Inc.
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