Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For October 2020
Cohen & Steers reported preliminary assets under management (AUM) of $71.2 billion as of October 31, 2020, reflecting an increase of $715 million from September 30, 2020. This growth was primarily driven by net inflows totaling $2.0 billion, though it was partially offset by market depreciation of $1.1 billion and distributions of $219 million.
- Net inflows of $2.0 billion indicating strong demand.
- Increase in assets under management by $715 million.
- Market depreciation of $1.1 billion negatively impacting AUM.
- Distributions amounting to $219 million could reduce available capital.
NEW YORK, Nov. 6, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of
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(unaudited) | |||||
($ in millions) |
AUM |
Net | Market Appreciation |
AUM | |
By investment vehicle: | 9/30/2020 | Flows | (Depreciation) | Distributions | 10/31/2020 |
Institutional Accounts: | |||||
Japan Subadvisory | ( | ( | |||
Subadvisory excluding Japan | 5,271 | 36 | (136) | - | 5,171 |
Advisory | 16,093 | 348 | (306) | - | 16,135 |
Total Institutional Accounts | 30,380 | 426 | (605) | (124) | 30,077 |
Open-end Funds | 31,404 | 309 | (377) | (53) | 31,283 |
Closed-end Funds | 8,719 | 1,251 | (70) | (42) | 9,858 |
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.
