Cohen & Steers Announces Preliminary Assets Under Management and Net Flows for December 2025

Rhea-AI Summary

Cohen & Steers (NYSE:CNS) reported preliminary assets under management of $90.5 billion as of December 31, 2025, down from $91.9 billion at November 30, 2025. The change reflected a $1.4 billion market depreciation and $574 million of distributions, which were offset by $574 million of net inflows.

The company provided a breakdown by vehicle: advisory AUM of $20.843 billion, subadvisory AUM of $14.217 billion, open-end funds at $43.437 billion, and closed-end funds at $12.047 billion, totaling $90.544 billion (unaudited).

News Market Reaction

-0.56%

1 alert

-0.56% News Effect

On the day this news was published, CNS declined 0.56%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total AUM 12/31/2025: $90.5 billion Total AUM 11/30/2025: $91.9 billion AUM change: $1.4 billion decrease +5 more

8 metrics

Total AUM 12/31/2025 $90.5 billion Preliminary assets under management as of Dec 31, 2025

Total AUM 11/30/2025 $91.9 billion Assets under management as of Nov 30, 2025

AUM change $1.4 billion decrease Change in AUM from Nov 30 to Dec 31, 2025

Net inflows $574 million Net flows in December 2025

Market depreciation $1.4 billion Market-driven AUM decrease in December 2025

Distributions $574 million Distributions affecting AUM in December 2025

Institutional AUM 11/30 $35,490 million Total institutional accounts AUM as of Nov 30, 2025

Open-end funds AUM 11/30 $44,194 million Open-end funds AUM as of Nov 30, 2025

Market Reality Check

Price: $64.26 Vol: Volume 302,743 is 1.06x t...

normal vol

$64.26 Last Close

Volume Volume 302,743 is 1.06x the 20-day average of 285,389 shares. normal

Technical Price $68.28 is trading below the 200-day MA at $71.67 and 25.02% under the 52-week high.

Peers on Argus

CNS gained 1.25% with modestly higher volume, while key asset-management peers l...

CNS gained 1.25% with modestly higher volume, while key asset-management peers like AB, APAM, DNP, FHI, and HTGC also showed small gains (from 0.18% to 0.81%). The scanner did not flag a coordinated sector momentum move.

Common Catalyst Several asset managers, including AB, reported December 2025 assets under management updates on the same day, suggesting routine monthly reporting rather than a distinct CNS-specific macro theme.

Historical Context

5 past events · Latest: Jan 07 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 07	Leadership appointment	Neutral	-0.7%	Appointed Kikuo Shirose to lead Japan operations and client relationships.
Dec 18	Fund distribution update	Neutral	-1.0%	UTF detailed December 2025 distribution sources and strong recent NAV returns.
Dec 18	Fund distribution update	Neutral	-1.0%	RQI reported monthly distribution composition and related performance metrics.
Dec 18	Fund distribution update	Neutral	-1.0%	RFI outlined distribution sources and year-to-date total return statistics.
Dec 18	Fund distribution update	Neutral	-1.0%	RNP disclosed distribution breakdown and NAV total return for fiscal 2025.

Pattern Detected

Recent company and fund-related announcements have coincided with modestly negative next-day returns, even when the news was operational or informational rather than clearly negative.

Recent Company History

Over the last month, CNS news flow featured management expansion and fund distribution disclosures. On Jan 7, 2026, the firm named Kikuo Shirose head of Japan, underscoring a focus on strategic growth in that market. On Dec 18, 2025, multiple Cohen & Steers closed-end funds detailed distribution sources, payout levels, and NAV total returns for fiscal 2025. Those items were largely informational yet were followed by small share-price declines, showing a tendency for muted-to-soft trading around routine updates.

Market Pulse Summary

This announcement detailed preliminary AUM of $90.5 billion as of December 31, 2025, down from $91.9...

Analysis

This announcement detailed preliminary AUM of $90.5 billion as of December 31, 2025, down from $91.9 billion a month earlier. The decline stemmed from $1.4 billion in market depreciation and $574 million of distributions, offset by $574 million in net inflows. Investors may track whether positive flows persist, how institutional and fund vehicles trend, and how future market conditions influence overall AUM levels.

Key Terms

open-end funds, closed-end funds, assets under management

3 terms

open-end funds financial

"Open-end Funds | 44,194 | 407 | (633) | (447) | (84) | 43,437"

A pooled investment that continuously issues and redeems shares at a price tied to the value of its holdings, so investors can buy or sell directly with the fund any business day. Think of it like a grocery store that restocks and sells more of the same item on demand: this steady buying and selling affects how much money the manager holds in cash and which assets they must buy or sell, making flows and liquidity important to investors' returns and risk.

closed-end funds financial

"Closed-end Funds | 12,249 | - | (131) | (71) | - | 12,047"

A closed-end fund is an investment pool that raises a fixed amount of money by issuing a set number of shares, which then trade on an exchange like stocks. Unlike bank-style mutual funds that buy or sell shares on demand, its market price can sit above or below the fund’s per-share value of holdings (like a used-car market price versus the sticker price), so investors should watch both the traded price and the underlying asset value for potential bargains or risks.

assets under management financial

"reported preliminary assets under management of $90.5 billion as of December 31, 2025"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 12, 2026 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $90.5 billion as of December 31, 2025, a decrease of $1.4 billion from assets under management of $91.9 billion at November 30, 2025. The decrease was due to market depreciation of $1.4 billion and distributions of $574 million, partially offset by net inflows of $574 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market			AUM
By investment vehicle:	11/30/2025	Flows	App/(Dep)	Distributions	Transfers	12/31/2025
Institutional Accounts:
Advisory	$21,004	$86	($331)	-	$84	$20,843
Subadvisory	14,486	81	(294)	(56)	-	14,217
Total Institutional Accounts	35,490	167	(625)	(56)	84	35,060
Open-end Funds	44,194	407	(633)	(447)	(84)	43,437
Closed-end Funds	12,249	-	(131)	(71)	-	12,047
Total AUM	$91,933	$574	($1,389)	($574)	$-	$90,544

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private 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, Tokyo and Singapore.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-december-2025-302658970.html

SOURCE Cohen & Steers, Inc.

FAQ

What were Cohen & Steers (CNS) preliminary assets under management on December 31, 2025?

Preliminary AUM were reported at $90.5 billion as of December 31, 2025.

Why did Cohen & Steers (CNS) AUM fall from November 30 to December 31, 2025?

AUM declined due to $1.4 billion of market depreciation and $574 million of distributions, partly offset by $574 million of net inflows.

How much net inflow did Cohen & Steers (CNS) report for December 2025?

The company reported $574 million of net inflows for the period.

What was the reported AUM for Cohen & Steers (CNS) open-end and closed-end funds on December 31, 2025?

Open-end funds were $43.437 billion and closed-end funds were $12.047 billion as of December 31, 2025 (unaudited).

Did Cohen & Steers (CNS) show any transfers affecting AUM in December 2025?

The table shows $0 net transfers affecting total AUM for the period.