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

Rhea-AI Summary

On February 8, 2022, Cohen & Steers reported preliminary assets under management of $102.1 billion as of January 31, 2022, reflecting a decrease of $4.6 billion since December 31, 2021. This drop was primarily due to market depreciation of $5.4 billion and $200 million in distributions, partially balanced by net inflows of $999 million. The company specializes in real assets and alternative income strategies, including real estate and infrastructure.

Positive

• Net inflows of $999 million were recorded in January.
• Cohen & Steers specializes in diverse investment strategies, potentially attracting various investors.

Negative

• Assets under management decreased by $4.6 billion, primarily due to market depreciation and distributions.
• Market depreciation accounted for a significant loss of $5.4 billion.

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $102.1 billion as of January 31, 2022, a decrease of $4.6 billion from assets under management at December 31, 2021. The decrease was due to market depreciation of $5.4 billion and distributions of $200 million, partially offset by net inflows of $999 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	12/31/2021	Flows	Depreciation	Distributions	1/31/2022
Institutional Accounts:
Advisory	$24,599	$763	($1,167)	$ -	$24,195
Japan Subadvisory	11,329	(3)	(697)	(94)	10,535
Subadvisory excluding Japan	6,799	(28)	(367)	-	6,404
Total Institutional Accounts	42,727	732	(2,231)	(94)	41,134
Open-end Funds	50,911	201	(2,621)	(57)	48,434
Closed-end Funds	12,991	66	(502)	(49)	12,506
Total AUM	$106,629	$999	($5,354)	($200)	$102,074

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.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-january-2022-301478109.html

SOURCE Cohen & Steers, Inc.

FAQ

What were Cohen & Steers' assets under management on January 31, 2022?

Cohen & Steers reported assets under management of $102.1 billion.

How much did Cohen & Steers' assets under management decrease by in January 2022?

The assets under management decreased by $4.6 billion.

What contributed to the decrease in Cohen & Steers' assets under management?

The decrease was primarily due to market depreciation of $5.4 billion and $200 million in distributions.

What were the net inflows for Cohen & Steers in January 2022?

Cohen & Steers reported net inflows of $999 million in January 2022.