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Wednesday, November 09, 2011|
$61M Flows Into Cohen and Steers
Cohen & Steers' [see profile] open-end mutual fund assets jumped 13.39 percent in October to $9.263 billion, as the S&P 500 climbed 10.77 percent. On Monday the New York-based asset manager revealed its latest monthly assets under management data.
Performance dominated the asset bump for the firm. As the markets rebounded, Cohen & Steers brought in $61 million in net inflows, as market appreciation boosted its assets by another $1.093 billion.
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