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

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $87.3 billion as of January 31, 2023, up $6.9 billion from $80.4 billion on December 31, 2022. This increase resulted from net inflows of $322 million and market appreciation of $6.7 billion, partially offset by distributions totaling $190 million.

The firm specializes in real assets and alternative income, including real estate and preferred securities, among others.

Positive

• Preliminary AUM increased by $6.9 billion, signaling strong market performance.
• Net inflows of $322 million demonstrate healthy investor confidence.
• Market appreciation of $6.7 billion contributed significantly to AUM growth.

Negative

• Distributions of $190 million could indicate potential liquidity challenges.

NEW YORK, Feb. 8, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $87.3 billion as of January 31, 2023, an increase of $6.9 billion from assets under management at December 31, 2022. The increase was due to net inflows of $322 million and market appreciation of $6.7 billion, partially offset by distributions of $190 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market					AUM
By investment vehicle:	12/31/2022	Flows	Appreciation			Distributions		1/31/2023
Institutional Accounts:
Advisory	$18,631	($197)	$1,544	$ -				$19,978
Japan Subadvisory	8,376	89	887	(88)				9,264
Subadvisory excluding Japan	5,366	(4)	464	-				5,826
Total Institutional Accounts	32,373	(112)	2,895	(88)				35,068
Open-end Funds	36,903	431	3,150	(51)				40,433
Closed-end Funds	11,149	3	678	(51)				11,779
Total AUM	$80,425	$322	$6,723		($190)			$87,280

 

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 and Tokyo.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-january-2023-301742486.html

SOURCE Cohen & Steers, Inc.

FAQ

What are the preliminary assets under management for Cohen & Steers as of January 31, 2023?

Cohen & Steers reported preliminary assets under management of $87.3 billion as of January 31, 2023.

What contributed to the increase in Cohen & Steers' assets under management in January 2023?

The increase of $6.9 billion was due to net inflows of $322 million and market appreciation of $6.7 billion.

What were the distributions reported by Cohen & Steers for January 2023?

Cohen & Steers reported total distributions of $190 million for January 2023.

How do Cohen & Steers' January 2023 net inflows reflect investor confidence?

The net inflows of $322 million in January 2023 indicate strong investor confidence in Cohen & Steers' investment strategies.