NEW YORK, Oct. 9, 2017 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $61.5 billion as of September 30, 2017, a decrease of $511 million from August 31, 2017. The decrease was due to market depreciation of $413 million and distributions of $388 million, partially offset by net inflows of $290 million. A transfer of $16 million was recorded from open-end funds to advisory.
Assets Under Management (unaudited) Market ($ in millions) AUM Net Appreciation AUM By investment vehicle: August 2017 Flows (Depreciation) Distributions Transfers September 2017 ----------- ----- ------------- ------------- --------- -------------- Institutional Accounts: Japan Subadvisory $12,731 $(88) (128) $(240) $ - $12,275 Subadvisory excluding Japan 6,378 (67) (51) - - 6,260 Advisory 11,007 140 (67) - 16 11,096 Total Institutional Accounts 30,116 (15) (246) (240) 16 29,631 Open-end Funds 22,454 305 (120) (107) (16) 22,516 Closed-end Funds 9,462 - (47) (41) - 9,374 Total $62,032 $290 $(413) $(388) $ - $61,521 ======= ==== ===== ===== =============== =======
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.