Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For January 2021

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $81.2 billion as of January 31, 2021, marking an increase of $1.3 billion from December 31, 2020. This rise was attributed to net inflows totaling $2.1 billion, although partially offset by market depreciation of $586 million and distributions of $207 million.

The firm specializes in liquid real assets, including real estate securities and natural resource equities.

Positive

• Net inflows increased by $2.1 billion.
• Total assets under management reached $81.2 billion, a record high.

Negative

• Market depreciation of $586 million offset inflows.
• Distributions amounted to $207 million.

NEW YORK, Feb. 8, 2021 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $81.2 billion as of January 31, 2021, an increase of $1.3 billion from assets under management at December 31, 2020. The increase was due to net inflows of $2.1 billion, partially offset by market depreciation of $586 million and distributions of $207 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	12/31/2020	Flows	Depreciation	Distributions	1/31/2021
Institutional Accounts:
Japan Subadvisory	$9,720	($1)	($111)	($105)	$9,503
Subadvisory excluding Japan	5,907	33	(67)	-	5,873
Advisory	17,628	953	(137)	-	18,444
Total Institutional Accounts	33,255	985	(315)	(105)	33,820
Open-end Funds	35,160	1,008	(197)	(53)	35,918
Closed-end Funds	11,493	63	(74)	(49)	11,433
Total AUM	$79,908	$2,056	($586)	($207)	$81,171

About Cohen & Steers
Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure and natural resource equities, as well as preferred securities and other income solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.

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SOURCE Cohen & Steers, Inc.

FAQ

What are the preliminary assets under management for CNS as of January 31, 2021?

Cohen & Steers reported preliminary assets under management of $81.2 billion as of January 31, 2021.

How much did Cohen & Steers experience in net inflows in January 2021?

Cohen & Steers experienced net inflows of $2.1 billion in January 2021.

What was the market depreciation reported by CNS for January 2021?

The market depreciation reported by Cohen & Steers for January 2021 was $586 million.

What distributions did CNS report for January 2021?

Cohen & Steers reported distributions of $207 million for January 2021.