Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For July 2023

Rhea-AI Summary

Cohen & Steers, Inc. (CNS) reported preliminary assets under management of $82.3 billion as of July 31, 2023, an increase of $1.9 billion from assets under management at June 30, 2023. The increase was due to net inflows of $231 million and market appreciation of $1.9 billion, partially offset by distributions of $162 million.

Positive

• Increase in assets under management from June 30, 2023, to July 31, 2023
• Net inflows of $231 million and market appreciation of $1.9 billion contributed to the increase in assets under management

Negative

• None.

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $82.3 billion as of July 31, 2023, an increase of $1.9 billion from assets under management at June 30, 2023. The increase was due to net inflows of $231 million and market appreciation of $1.9 billion, partially offset by distributions of $162 million.

 

Assets Under Management (unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	6/30/2023	Flows	Appreciation	Distributions	7/31/2023
Institutional Accounts:
Advisory	$18,824	$187	$516	-	$19,527
Japan Subadvisory	8,960	26	240	(65)	9,161
Subadvisory excluding Japan	5,491	79	167	-	5,737
Total Institutional Accounts	33,275	292	923	(65)	34,425
Open-end Funds	36,209	(64)	753	(46)	36,852
Closed-end Funds	10,929	3	183	(51)	11,064
Total AUM	$80,413	$231	$1,859	($162)	$82,341

 

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.

FAQ

What are Cohen & Steers, Inc.'s (CNS) preliminary assets under management as of July 31, 2023?

Cohen & Steers, Inc. (CNS) reported preliminary assets under management of $82.3 billion as of July 31, 2023.

What contributed to the increase in assets under management for Cohen & Steers, Inc. (CNS) from June 30, 2023, to July 31, 2023?

The increase was due to net inflows of $231 million and market appreciation of $1.9 billion, partially offset by distributions of $162 million.

What are the investment vehicles included in Cohen & Steers, Inc.'s (CNS) assets under management?

The investment vehicles included are Institutional Accounts (Advisory, Japan Subadvisory, Subadvisory excluding Japan), Open-end Funds, and Closed-end Funds.

What are the total assets under management for Cohen & Steers, Inc. (CNS) as of July 31, 2023?

The total assets under management are $82.3 billion as of July 31, 2023.