CNS - Cohen & Steers AUM falls to $79.2B on market depreciation net outflows
- Cohen & Steers ( NYSE: CNS ) preliminary assets under management dropped 11.8% to $79.2B at the end of September due to a combination of market depreciation, net outflows and distributions, it said Monday.
- Institutional accounts AUM totaled $30.87B at September 30, down from $35.52B at August 31.
- Open-end funds fell to $37.35B from $42.29B in the prior month. Closed-end funds, meanwhile, slipped to $10.99B from $11.99B previously.
- Previously, (Sep. 12) Cohen & Steers August AUM drops by $4.2B .
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Cohen & Steers AUM falls to $79.2B on market depreciation, net outflows