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Rating:A Fund Shop's Market Appreciation Surpassed Its Net Inflows in 2012 Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, January 10, 2013

A Fund Shop's Market Appreciation Surpassed Its Net Inflows in 2012

Reported by Tommy Fernandez

Cohen & Steers had a decent 2012.

For the year ending Dec. 31, 2012, the firm saw $5.04 billion in gross inflows, and $3.497 billion in gross outflows, for net inflow of $1.543 billion.

Meanwhile, the firm’s assets saw market appreciation of $1.757 billion, leading to a total net increase of $3.3 billion.

The firm now manages $12.489 billion in assets. It currently markets 11 mutual funds and two ETFs. Its strategies are focused on global real estate securities, global listed infrastructure, real assets, large cap value stocks and preferred securities. The company also manages alternative investment strategies for qualified investors such as hedged real estate securities portfolios and private real estate strategies.


Cohen & Steers Announces U.S. Open-End Mutual Fund Flows and Assets Under Management for the Month and Year Ended December, 2012



NEW YORK, Jan. 9, 2013 -- Cohen & Steers, Inc. (NYSE:CNS) today reported U.S. open-end mutual fund flows and assets under management for the month and year ended December, 2012 as set forth below:

Cohen & Steers
U.S. Open-End Mutual Fund
Assets Under Management
          Month Ended                       Year Ended
          December 31, 2012   December 31, 2012
($ millions)
Assets under management, beginning of period
                    $12,198                     $9,189
Inflows
                    424                              5,040
Outflows
                    (482)                           (3,497)
Net (outflows) / inflows
                   (58)                              1,543
Market appreciation
                    349                               1,757
Total increase
                    291                               3,300
Assets under management, end of period $
                    12,489                         $12,489

Please consider the investment objectives, risks, charges and expenses of a fund carefully before investing. A prospectus containing this and other information may be obtained by calling 800.330.7348 or visiting cohenandsteers.com. Please read the prospectus carefully before investing.

Cohen & Steers Securities, LLC, distributor.

About Cohen & Steers

Founded in 1986, Cohen & Steers is a leading global investment manager focused on global real estate securities, global listed infrastructure, real assets, large cap value stocks and preferred securities. The company also manages alternative investment strategies for qualified investors such as hedged real estate securities portfolios and private real estate strategies. Headquartered in New York City, with offices in London, Brussels, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors around the world.

SOURCE Cohen & Steers, Inc.

 

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