Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For August 2020
Cohen & Steers reported preliminary assets under management (AUM) of $72.1 billion as of August 31, 2020, reflecting an increase of $1.9 billion compared to July 31, 2020. This rise was driven by net inflows of $1.0 billion and market appreciation of $1.2 billion, though offset by distributions totaling $211 million.
The firm specializes in liquid real assets and is headquartered in New York City. The increase in AUM highlights growth in investment management capabilities.
- Increase in AUM by $1.9 billion from July 31 to August 31, bringing total AUM to $72.1 billion.
- Net inflows of $1.0 billion indicating strong investor interest.
- Market appreciation contributing $1.2 billion to AUM growth.
- Distributions of $211 million could indicate high investor withdrawals.
NEW YORK, Sept. 9, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of
Assets Under Management (unaudited) | |||||
($ in millions) |
AUM |
Net | Market Appreciation |
AUM | |
By investment vehicle: | 7/31/2020 | Flows | (Depreciation) | Distributions | 8/31/2020 |
Institutional Accounts: | |||||
Japan Subadvisory | ( | ||||
Subadvisory excluding Japan | 5,266 | (47) | 122 | - | 5,341 |
Advisory | 15,944 | 566 | 384 | - | 16,894 |
Total Institutional Accounts | 30,441 | 585 | 616 | (119) | 31,523 |
Open-end Funds | 30,879 | 365 | 460 | (50) | 31,654 |
Closed-end Funds | 8,812 | 50 | 76 | (42) | 8,896 |
Total AUM | ( | ||||
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.
