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

Rhea-AI Summary

Cohen & Steers (NYSE: CNS) reported preliminary assets under management (AUM) of $98.0 billion as of April 30, 2022, reflecting a $4.1 billion decrease from March 31, 2022. This decline was primarily due to market depreciation of $3.9 billion and distributions of $188 million. Net inflows contributed minimally, with an increase of just $3 million.

The changes highlight the impact of market volatility on the firm’s asset management capabilities.

Positive

• Net inflows of $3 million indicate some investor confidence amidst market downturn.

Negative

• Decrease in AUM by $4.1 billion raises concerns about investment performance.
• Market depreciation accounted for $3.9 billion loss, signaling negative market trends.
• Distributions of $188 million further pressure AUM figures.

NEW YORK, May 9, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $98.0 billion as of April 30, 2022, a decrease of $4.1 billion from assets under management at March 31, 2022. The decrease was due to market depreciation of $3.9 billion and distributions of $188 million, partially offset by net inflows of $3 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	3/31/2022	Flows	Depreciation	Distributions	4/30/2022
Institutional Accounts:
Advisory	$23,726	($166)	($1,048)	$ -	$22,512
Japan Subadvisory	10,692	(98)	(377)	(84)	10,133
Subadvisory excluding Japan	6,538	34	(334)	-	6,238
Total Institutional Accounts	40,956	(230)	(1,759)	(84)	38,883
Open-end Funds	48,105	232	(1,763)	(53)	46,521
Closed-end Funds	13,061	1	(412)	(51)	12,599
Total AUM	$102,122	$3	($3,934)	($188)	$98,003

 

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' preliminary assets under management as of April 30, 2022?

Cohen & Steers reported preliminary assets under management of $98.0 billion as of April 30, 2022.

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

Cohen & Steers' assets under management decreased by $4.1 billion from March 31, 2022.

What contributed to the decrease in assets under management for CNS in April 2022?

The decrease was primarily due to market depreciation of $3.9 billion and distributions of $188 million.

Did Cohen & Steers experience any inflows in April 2022?

Yes, Cohen & Steers reported net inflows of $3 million in April 2022.