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

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management of $80.4 billion as of December 31, 2022, representing a decrease of $3.8 billion from November 30, 2022. This decline was attributed to market depreciation of $2.6 billion, distributions totaling $887 million, and net outflows of $260 million.

Overall, the firm continues to specialize in real assets and alternative income management.

Positive

• None.

Negative

• Decrease in assets under management by $3.8 billion.
• Market depreciation caused a significant reduction of $2.6 billion.
• Net outflows totaled $260 million.

NEW YORK, Jan. 10, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.4 billion as of December 31, 2022, a decrease of $3.8 billion from assets under management at November 30, 2022. The decrease was due to market depreciation of $2.6 billion, distributions of $887 million and net outflows of $260 million.

 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market					AUM
By investment vehicle:	11/30/2022	Flows	Depreciation			Distributions		12/31/2022
Institutional Accounts:
Advisory	$19,572	($379)	($562)	$ -				$18,631
Japan Subadvisory	8,770	99	(409)	(84)				8,376
Subadvisory excluding Japan	5,598	(59)	(173)	-				5,366
Total Institutional Accounts	33,940	(339)	(1,144)	(84)				32,373
Open-end Funds	38,695	76	(1,206)	(662)				36,903
Closed-end Funds	11,549	3	(262)	(141)				11,149
Total AUM	$84,184	($260)	($2,612)	($887)				$80,425

 

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 CNS as of December 31, 2022?

As of December 31, 2022, Cohen & Steers reported preliminary assets under management of $80.4 billion.

What caused the decrease in assets under management for CNS?

The decrease of $3.8 billion was primarily due to market depreciation of $2.6 billion, distributions of $887 million, and net outflows of $260 million.

How much did Cohen & Steers experience in net outflows in December 2022?

Cohen & Steers experienced net outflows of $260 million in December 2022.

When was the press release about CNS's assets under management issued?

The press release was issued on January 10, 2023.

What are the main factors affecting CNS's assets under management?

The main factors affecting CNS's assets under management include market depreciation, distributions, and net outflows.