Cohen & Steers Announces Preliminary Assets Under Management and Net Flows for November 2020

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $76.7 billion as of November 30, 2020, reflecting an increase of $5.5 billion from the previous month. This growth was attributed to net inflows of $458 million and market appreciation of $5.2 billion, despite distributions totaling $221 million. The firm specializes in liquid real assets, including real estate securities and listed infrastructure.

Positive

• AUM increased by $5.5 billion from October 2020 to November 2020.
• Net inflows of $458 million contributed positively to AUM growth.
• Market appreciation of $5.2 billion boosted total assets.

Negative

• Distributions of $221 million partially offset AUM growth.

NEW YORK, Dec. 8, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $76.7 billion as of November 30, 2020, an increase of $5.5 billion from assets under management at October 31, 2020. The increase was due to net inflows of $458 million and market appreciation of $5.2 billion, partially offset by distributions of $221 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	10/31/2020	Flows	Appreciation	Distributions	11/30/2020
Institutional Accounts:
Japan Subadvisory	$8,771	$9	$802	($125)	$9,457
Subadvisory excluding Japan	5,171	(94)	558	-	5,635
Advisory	16,135	(153)	1,366	-	17,348
Total Institutional Accounts	30,077	(238)	2,726	(125)	32,440
Open-end Funds	31,283	571	1,929	(54)	33,729
Closed-end Funds	9,858	125	562	(42)	10,503
Total AUM	$71,218	$458	$5,217	($221)	$76,672

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.

View original content:http://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-november-2020-301188835.html

SOURCE Cohen & Steers, Inc.

FAQ

What are the preliminary assets under management for Cohen & Steers as of November 2020?

Cohen & Steers reported preliminary assets under management of $76.7 billion as of November 30, 2020.

What contributed to the increase in AUM for Cohen & Steers in November 2020?

The increase in AUM was due to net inflows of $458 million and market appreciation of $5.2 billion.

How much were the net inflows reported by Cohen & Steers in November 2020?

Cohen & Steers reported net inflows of $458 million for November 2020.

What were the distributions impacting AUM for Cohen & Steers in November 2020?

Distributions totaled $221 million, which partially offset the AUM growth.

When did Cohen & Steers report their preliminary AUM?

Cohen & Steers reported their preliminary AUM on December 8, 2020.