Cohen & Steers Announces Preliminary Assets Under Management and Net Flows for August 2023

Rhea-AI Summary

Cohen & Steers, Inc. reports preliminary AUM of $80.0 billion as of Aug 31, 2023, a decrease of $2.3 billion from July 31, 2023. Decrease due to market depreciation of $2.2 billion and distributions of $157 million. Net inflows of $12 million.

Positive

• None.

Negative

• Decrease in AUM due to market depreciation and distributions.

NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.0 billion as of August 31, 2023, a decrease of $2.3 billion from assets under management at July 31, 2023. The decrease was due to market depreciation of $2.2 billion and distributions of $157 million, partially offset by net inflows of $12 million.

Assets Under Management (unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	7/31/2023	Flows	Depreciation	Distributions	8/31/2023
Institutional Accounts:
Advisory	$19,527	$90	($571)	-	$19,046
Japan Subadvisory	9,161	2	(291)	(62)	8,810
Subadvisory excluding Japan	5,737	93	(205)	-	5,625
Total Institutional Accounts	34,425	185	(1,067)	(62)	33,481
Open-end Funds	36,852	(173)	(800)	(44)	35,835
Closed-end Funds	11,064	-	(298)	(51)	10,715
Total AUM	$82,341	$12	($2,165)	($157)	$80,031

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

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SOURCE Cohen & Steers, Inc.