Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For April 2021

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $92.8 billion as of April 30, 2021, marking an increase of $5.8 billion from March 31, 2021. The growth was driven by net inflows of $821 million and market appreciation of $5.2 billion, though offset by $200 million in distributions. The firm specializes in real assets and alternative income investment management.

Positive

• Preliminary AUM increased by $5.8 billion from March 31, 2021.
• Net inflows contributed $821 million to AUM.

Negative

• Distributions totaled $200 million, which partially offset growth.

NEW YORK, May 10, 2021 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $92.8 billion as of April 30, 2021, an increase of $5.8 billion from assets under management at March 31, 2021. The increase was due to net inflows of $821 million and market appreciation of $5.2 billion, partially offset by distributions of $200 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	3/31/2021	Flows	Appreciation	Distributions	4/30/2021
Institutional Accounts:
Japan Subadvisory	$9,924	($129)	$856	($97)	$10,554
Subadvisory excluding Japan	6,335	37	423	-	6,795
Advisory	20,279	406	1,272	-	21,957
Total Institutional Accounts	36,538	314	2,551	(97)	39,306
Open-end Funds	38,623	406	2,139	(54)	41,114
Closed-end Funds	11,879	101	490	(49)	12,421
Total AUM	$87,040	$821	$5,180	($200)	$92,841

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 Cohen & Steers' assets under management as of April 2021?

Cohen & Steers reported preliminary assets under management of $92.8 billion as of April 30, 2021.

How much did Cohen & Steers' assets increase from March 2021?

Cohen & Steers' assets under management increased by $5.8 billion from March 31, 2021.

What were the net inflows for Cohen & Steers in April 2021?

The net inflows for Cohen & Steers in April 2021 were $821 million.

What was the market appreciation for Cohen & Steers in April 2021?

The market appreciation for Cohen & Steers in April 2021 was $5.2 billion.

What were the distributions made by Cohen & Steers in April 2021?

Cohen & Steers made distributions totaling $200 million in April 2021.