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

Rhea-AI Summary

Cohen & Steers (NYSE: CNS) reported preliminary assets under management of $89.8 billion as of August 31, 2022, reflecting a decrease of $4.2 billion from the previous month. This decline was attributed to market depreciation amounting to $4.2 billion and distributions of $180 million, which were partially offset by net inflows of $197 million. The firm specializes in real assets and alternative income, maintaining a strong presence across global markets.

Positive

• Net inflows of $197 million indicate continued investor interest.
• Specialization in real assets and alternative income positions the company well for future opportunities.

Negative

• Decrease in assets under management by $4.2 billion due to market depreciation.
• Distributions of $180 million further impact assets under management.

NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $89.8 billion as of August 31, 2022, a decrease of $4.2 billion from assets under management at July 31, 2022. The decrease was due to market depreciation of $4.2 billion and distributions of $180 million, partially offset by net inflows of $197 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	7/31/2022	Flows	Depreciation	Distributions	8/31/2022
Institutional Accounts:
Advisory	$21,725	$46	($1,052)	$ -	$20,719
Japan Subadvisory	9,704	24	(570)	(78)	9,080
Subadvisory excluding Japan	5,830	229	(340)	-	5,719
Total Institutional Accounts	37,259	299	(1,962)	(78)	35,518
Open-end Funds	44,363	(105)	(1,921)	(51)	42,286
Closed-end Funds	12,379	3	(342)	(51)	11,989
Total AUM	$94,001	$197	($4,225)	($180)	$89,793

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 were Cohen & Steers' assets under management as of August 2022?

Cohen & Steers reported assets under management of $89.8 billion as of August 31, 2022.

What caused the decrease in assets under management for Cohen & Steers in August 2022?

The decrease of $4.2 billion was due to market depreciation and distributions.

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

Cohen & Steers reported net inflows of $197 million for August 2022.

How much did Cohen & Steers distribute in August 2022?

Cohen & Steers distributed $180 million in August 2022.

What is the stock symbol for Cohen & Steers?

The stock symbol for Cohen & Steers is CNS.