NEW YORK, Aug. 11, 2014 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of approximately $51.4 billion as of July 31, 2014, a decrease of $932 million, or 1.8%, from June 30, 2014. The decrease was due to net outflows and market depreciation.
Cohen & Steers Assets Under Management (unaudited) ($ in millions) Preliminary By investment vehicle: July 2014 June 2014 Institutional accounts $ 24,731 $ 25,728 Open-end mutual funds 1 16,822 16,629 Closed-end mutual funds 9,800 9,928 Total $ 51,353 $ 52,285
1 U.S. open-end mutual funds recorded net inflows of approximately $216 million during the month of July.
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.
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