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

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $80.0 billion as of October 31, 2022, marking an increase of $773 million from September 30, 2022. This growth was attributed to market appreciation of $1.5 billion, which offset net outflows of $570 million and distributions totaling $172 million.

Key components of AUM included institutional accounts and various investment vehicles, indicating diverse sources of asset growth.

Positive

• Increase in AUM to $80.0 billion, a rise of $773 million.
• Market appreciation contributed $1.5 billion to AUM.

Negative

• Net outflows amounted to $570 million.
• Distributions totaled $172 million, impacting overall AUM growth.

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.0 billion as of October 31, 2022, an increase of $773 million from assets under management at September 30, 2022. The increase was due to market appreciation of $1.5 billion, partially offset by net outflows of $570 million and distributions of $172 million.

Assets Under Management (unaudited)
($ in millions)	AUM	Net	Market				AUM
By investment vehicle:	9/30/2022	Flows	Appreciation		Distributions		10/31/2022
Institutional Accounts:
Advisory	$17,974	($165)	$371	$ -			$18,180
Japan Subadvisory	7,915	95	274	(73)			8,211
Subadvisory excluding Japan	4,978	131	140	-			5,249
Total Institutional Accounts	30,867	61	785	(73)			31,640
Open-end Funds	37,346	(635)	565	(48)			37,228
Closed-end Funds	10,985	4	165	(51)			11,103
Total AUM	$79,198	($570)	$1,515	($172)			$79,971

 

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 current assets under management for Cohen & Steers (CNS)?

As of October 31, 2022, Cohen & Steers reported preliminary assets under management of $80.0 billion.

What were the net inflows or outflows for Cohen & Steers (CNS) in October 2022?

Cohen & Steers experienced net outflows of $570 million for the month of October 2022.

How much did Cohen & Steers (CNS) increase its AUM by from September to October 2022?

Cohen & Steers increased its assets under management by $773 million from September 30, 2022, to October 31, 2022.

What contributed to the change in AUM for Cohen & Steers (CNS) in October 2022?

The increase in AUM was primarily due to market appreciation of $1.5 billion, partially offset by net outflows and distributions.

What were the total distributions made by Cohen & Steers (CNS) in October 2022?

Cohen & Steers had total distributions of $172 million in October 2022.