Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For December 2017
NEW YORK, Jan. 9, 2018 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $62.1 billion as of December 31, 2017, a decrease of $466 million from November 30, 2017. The decrease was due to distributions of $757 million, partially offset by market appreciation of $269 million and net inflows of $22 million.
Assets Under Management | |||||||||
(unaudited) | |||||||||
Market | |||||||||
($ in millions) | AUM | Net | Appreciation | AUM | |||||
By investment vehicle: | November 2017 | Flows | (Depreciation) | Distributions | December 2017 | ||||
Institutional Accounts: | |||||||||
Japan Subadvisory | $ 11,802 | $ (138) | $ (10) | $ (196) | $ 11,458 | ||||
Subadvisory excluding Japan | 6,473 | 41 | 83 | - | 6,597 | ||||
Advisory | 11,438 | (211) | 114 | - | 11,341 | ||||
Total Institutional Accounts | 29,713 | (308) | 187 | (196) | 29,396 | ||||
Open-end Funds | 23,392 | 330 | 84 | (502) | 23,304 | ||||
Closed-end Funds | 9,468 | - | (2) | (59) | 9,407 | ||||
Total | $ 62,573 | $ 22 | $ 269 | $ (757) | $ 62,107 | ||||
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. (CNS)
