Business & Finance
Business and Finance
Business and Finance
Thu, January 10, 2013
Wed, January 9, 2013 Cohen & Steers Announces U.S. Open-End Mutual Fund Flows and Assets Under Management for the Month and Year Ended December, 201
Cohen & Steers Announces U.S. Open-End Mutual Fund Flows and Assets Under... -- NEW YORK, Jan. 9, 2013 /PRNewswire/ --
NEW YORK, Jan. 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 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.
