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

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management of $96.2 billion as of June 30, 2021, a $2.0 billion increase from May 31, 2021. This increase was attributed to net inflows of $1.0 billion and market appreciation of $1.4 billion, offset by distributions amounting to $366 million. The company's diverse investment strategies include real estate, preferred securities, and infrastructure across global markets.

Positive

• Preliminary assets under management rose to $96.2 billion.
• Net inflows reached $1.0 billion.
• Market appreciation contributed $1.4 billion to AUM.

Negative

• Distributions totaled $366 million.

NEW YORK, July 12, 2021 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $96.2 billion as of June 30, 2021, an increase of $2.0 billion from assets under management at May 31, 2021. The increase was due to net inflows of $1.0 billion and market appreciation of $1.4 billion, partially offset by distributions of $366 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	5/31/2021	Flows	Appreciation	Distributions	6/30/2021
Institutional Accounts:
Advisory	$22,402	$491	$222	$ -	$23,115
Japan Subadvisory	10,411	(35)	241	(114)	10,503
Subadvisory excluding Japan	6,973	(485)	50	-	6,538
Total Institutional Accounts	39,786	(29)	513	(114)	40,156
Open-end Funds	41,983	1,009	743	(203)	43,532
Closed-end Funds	12,446	1	139	(49)	12,537
Total AUM	$94,215	$981	$1,395	($366)	$96,225

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 is the latest assets under management for CNS?

Cohen & Steers reported preliminary assets under management of $96.2 billion as of June 30, 2021.

What contributed to the increase in CNS assets under management?

The increase was due to net inflows of $1.0 billion and market appreciation of $1.4 billion.

How much did CNS distribute in June 2021?

Cohen & Steers made distributions totaling $366 million.