Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For May 2022

Rhea-AI Summary

Cohen & Steers (NYSE: CNS) reported preliminary assets under management of $94.3 billion as of May 31, 2022, down $3.7 billion from April's total. This decrease is attributed to market depreciation of $3.0 billion, net outflows of $510 million, and distributions totaling $183 million.

The firm specializes in real assets and alternative income investment management, with a global presence in cities like New York, London, and Tokyo.

Positive

• The firm maintains significant assets under management at $94.3 billion.
• Cohen & Steers specializes in real assets and alternative income, appealing investment sectors.

Negative

• Assets under management decreased by $3.7 billion from the previous month.
• Market depreciation accounted for a loss of $3.0 billion.
• Net outflows totaled $510 million, indicating potential investor concerns.

NEW YORK, June 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $94.3 billion as of May 31, 2022, a decrease of $3.7 billion from assets under management at April 30, 2022. The decrease was due to market depreciation of $3.0 billion, net outflows of $510 million and distributions of $183 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	4/30/2022	Flows	Depreciation	Distributions	5/31/2022
Institutional Accounts:
Advisory	$22,512	($212)	($689)	$ -	$21,611
Japan Subadvisory	10,133	14	(575)	(81)	9,491
Subadvisory excluding Japan	6,238	(43)	(210)	-	5,985
Total Institutional Accounts	38,883	(241)	(1,474)	(81)	37,087
Open-end Funds	46,521	(270)	(1,412)	(51)	44,788
Closed-end Funds	12,599	1	(125)	(51)	12,424
Total AUM	$98,003	($510)	($3,011)	($183)	$94,299

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.

FAQ

What is the current assets under management for Cohen & Steers (CNS)?

Cohen & Steers reported preliminary assets under management of $94.3 billion as of May 31, 2022.

What caused the decrease in assets under management for CNS in May 2022?

The decrease was primarily due to market depreciation of $3.0 billion, net outflows of $510 million, and distributions of $183 million.

How much did Cohen & Steers (CNS) lose in net outflows?

Cohen & Steers experienced net outflows of $510 million for the month of May 2022.

What was the total market depreciation reported by CNS?

Cohen & Steers reported a market depreciation of $3.0 billion as part of their asset management decline.

When was the preliminary assets under management report released for CNS?

The preliminary assets under management report was released on June 8, 2022.