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

Rhea-AI Summary

Cohen & Steers, Inc. (NYSE: CNS) reported preliminary assets under management (AUM) of $97.3 billion as of September 30, 2021, reflecting a $3.2 billion decline from August 31, 2021. This decrease was attributed to market depreciation of $3.9 billion and $306 million in distributions, although it was partially offset by net inflows of $1.1 billion.

Key metrics show significant movement in various investment vehicles, impacting AUM figures in institutional accounts and open-end funds.

Positive

• Net inflows of $1.1 billion partially offset the decline in AUM.

Negative

• AUM decreased by $3.2 billion from August 31, 2021.
• Market depreciation of $3.9 billion contributed to the AUM decline.
• Distributions totaled $306 million, negatively impacting AUM.

NEW YORK, Oct. 11, 2021 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $97.3 billion as of September 30, 2021, a decrease of $3.2 billion from assets under management at August 31, 2021. The decrease was due to market depreciation of $3.9 billion and distributions of $306 million, partially offset by net inflows of $1.1 billion.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	8/31/2021	Flows	Depreciation	Distributions	9/30/2021
Institutional Accounts:
Advisory	$23,435	$436	($1,053)	$ -	$22,818
Japan Subadvisory	10,978	(3)	(615)	(98)	10,262
Subadvisory excluding Japan	6,615	1	(349)	-	6,267
Total Institutional Accounts	41,028	434	(2,017)	(98)	39,347
Open-end Funds	46,721	613	(1,582)	(159)	45,593
Closed-end Funds	12,705	9	(345)	(49)	12,320
Total AUM	$100,454	$1,056	($3,944)	($306)	$97,260

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.

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SOURCE Cohen & Steers, Inc.