Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For July 2020

Cohen & Steers (NYSE: CNS) announced preliminary assets under management (AUM) of $70.1 billion as of July 31, 2020, up $3.8 billion from June 30, 2020.

Rhea-AI Summary

Cohen & Steers (NYSE: CNS) announced preliminary assets under management (AUM) of $70.1 billion as of July 31, 2020, up $3.8 billion from June 30, 2020. The increase was driven by net inflows of $1.3 billion and market appreciation of $2.7 billion, offset by distributions totaling $209 million. The firm's growth reflects a strong demand for its investment strategies, particularly in liquid real assets.

Positive

• AUM increased by $3.8 billion from June 30 to July 31, 2020.
• Net inflows amounted to $1.3 billion.
• Market appreciation contributed $2.7 billion to AUM.

Negative

• Distributions totaled $209 million, which partially offset gains.

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NEW YORK, Aug. 10, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $70.1 billion as of July 31, 2020, an increase of $3.8 billion from assets under management at June 30, 2020. Net inflows of $1.3 billion and market appreciation of $2.7 billion were partially offset by distributions of $209 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market Appreciation		AUM
By investment vehicle:	6/30/2020	Flows	(Depreciation)	Distributions	7/31/2020
Institutional Accounts:
Japan Subadvisory	$8,736	$134	$480	($119)	$9,231
Subadvisory excluding Japan	4,880	189	197	-	5,266
Advisory	15,251	42	651	-	15,944
Total Institutional Accounts	28,867	365	1,328	(119)	30,441
Open-end Funds	28,921	929	1,077	(48)	30,879
Closed-end Funds	8,539	-	315	(42)	8,812
Total AUM	$66,327	$1,294	$2,720	($209)	$70,132

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the current AUM for Cohen & Steers (CNS)?

Cohen & Steers reported preliminary assets under management of $70.1 billion as of July 31, 2020.

How much did Cohen & Steers' assets increase in July 2020?

Cohen & Steers' assets increased by $3.8 billion from June 30, 2020, to July 31, 2020.

What were the net inflows for Cohen & Steers in July 2020?

The net inflows for Cohen & Steers in July 2020 were $1.3 billion.

What contributed to the increase in AUM for Cohen & Steers?

The increase in AUM was driven by net inflows of $1.3 billion and market appreciation of $2.7 billion.

How much did Cohen & Steers distribute in July 2020?

Cohen & Steers distributed $209 million in July 2020.