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

Rhea-AI Summary

Cohen & Steers, Inc. reported preliminary assets under management (AUM) of $102.1 billion as of March 31, 2022, marking a $3.2 billion increase from February 28, 2022. This growth was primarily driven by market appreciation of $4.1 billion, though it faced $593 million in net outflows and $300 million in distributions. The firm specializes in real assets and alternative income, operating globally from offices in major cities.

Positive

• Preliminary AUM increased by $3.2 billion from February to March 2022.
• Market appreciation contributed $4.1 billion to AUM growth.

Negative

• Net outflows totaled $593 million, indicating potential investor concerns.
• Distributions of $300 million reduced overall AUM.

NEW YORK, April 11, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $102.1 billion as of March 31, 2022, an increase of $3.2 billion from assets under management at February 28, 2022. The increase was due to market appreciation of $4.1 billion, partially offset by net outflows of $593 million and distributions of $300 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	2/28/2022	Flows	Appreciation	Distributions	3/31/2022
Institutional Accounts:
Advisory	$23,369	($577)	$934	$ -	$23,726
Japan Subadvisory	10,067	60	650	(85)	10,692
Subadvisory excluding Japan	6,272	(68)	334	-	6,538
Total Institutional Accounts	39,708	(585)	1,918	(85)	40,956
Open-end Funds	46,775	(188)	1,684	(166)	48,105
Closed-end Funds	12,416	180	514	(49)	13,061
Total AUM	$98,899	($593)	$4,116	($300)	$102,122

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 are the latest assets under management for Cohen & Steers (CNS)?

As of March 31, 2022, Cohen & Steers reported preliminary assets under management of $102.1 billion.

What caused the change in assets under management for CNS in March 2022?

The increase in AUM was due to $4.1 billion from market appreciation, partially offset by $593 million in net outflows and $300 million in distributions.

What were the net outflows for Cohen & Steers (CNS) in March 2022?

Cohen & Steers experienced net outflows of $593 million in March 2022.

How much did Cohen & Steers (CNS) increase its AUM by in March 2022?

Cohen & Steers increased its AUM by $3.2 billion from February to March 2022.

What is Cohen & Steers (CNS) known for?

Cohen & Steers specializes in real assets and alternative income, including real estate and preferred securities.