Cohen & Steers Announces Preliminary Assets Under Management September 30, 2014
NEW YORK, Oct. 9, 2014 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $49.7 billion as of September 30, 2014, a decrease of $2.5 billion, or 4.8%, from August 31, 2014. The decrease was primarily due to market depreciation.
| Cohen & Steers |
|||
| Assets Under Management |
|||
| (unaudited) |
|||
| ($ in millions) |
Preliminary |
||
| By investment vehicle: |
September 2014 |
August 2014 |
|
| Institutional accounts |
$ 23,941 |
$ 25,160 |
|
| Open-end mutual funds 1 |
16,116 |
17,000 |
|
| Closed-end mutual funds |
9,638 |
10,038 |
|
| Total |
$ 49,695 |
$ 52,198 |
|
1U.S. open-end mutual funds recorded net outflows of approximately $84 million during the month of September.
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. 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
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