MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, November 13, 2013 October AUM Update: Cohen and Steers Leads Of six publicly traded asset managers, all but one saw a rise in assets under management last month of at least two percent. Of the six , Cohen & Steers [profile] may have had the best October. The New York City-based mutual fund shop's AUM increased 3.1 percent in October to $14.146 billion. Franklin Templeton [profile] reported a 2.9 percent AUM increase to $868.9 billion on October 31. At Invesco [profile], AUM rose 2.5 percent in October to $763.9 billion. Legg Mason's [profile] AUM climbed 2.1 percent to $669.9 billion. And Manning and Napier's [profile] AUM grew by 2.0 percent to $50.1 billion. Meanwhile, AllianceBernstein's [profile] AUM only climbed 0.2 percent ($1 billion) in October to $446 billion. Yet that increase came despite AllianceBernstein's loss of about $7 billion in AUM at the beginning of October thanks to the sale by its parent, Axa, of MONY Life Insurance Company. Printed from: MFWire.com/story.asp?s=46736 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |