Cohen & Steers
] announced its U.S. open-end mutual fund flows and AUM for the month and eight months ending August 31.
Its AUM was $14.1 billion for the beginning of the period for month ended August 31 and $12.4 billion for the beginning of the eighth month period ending August 31. Inflows for the month were $338 million and inflows for the eight months came to $3.7 billion. Outflows were higher than inflows for the month, at $397 million and outflows for the eighth months were lower than inflows at $2.8 billion.
The total for AUM at the end of the period came to $13.2 billion for the month and eighth months. AUM for the month decreased by $830 million and AUM for the eight months increased by $797 million.
NEW YORK, Sept. 9, 2013 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported U.S. open-end mutual fund flows and assets under management for the month and eight months ended August 31, 2013 as set forth below:
Cohen & Steers
U.S. Open-End Mutual Fund
Assets Under Management
Month Ended Eight Months Ended
August 31, 2013 August 31, 2013
beginning of period $14,116 $12,489
Inflows 338 3,744
Outflows (397) (2,811)
inflows (59) 933
Market depreciation (771) (136)
increase (830) 797
management, end of
period $13,286 $13,286
Please consider the investment objectives, risks, charges and expenses of a fund carefully before investing. A summary prospectus and prospectus containing this and other information may be obtained, free of charge, by calling 800.330.7348 or visiting cohenandsteers.com. Please read the summary prospectus and prospectus carefully before investing.
Cohen & Steers Securities, LLC, distributor.
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.
Stay ahead of the news ... Sign up for our email alerts now