Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For July 2021

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $99.5 billion as of July 31, 2021, reflecting an increase of $3.3 billion from $96.2 billion at June 30, 2021. This growth stemmed from $782 million in net inflows and a market appreciation of $2.7 billion, despite distributions totaling $208 million.

The firm specializes in real assets and alternative income strategies, operating globally from its headquarters in New York City.

Positive

• Increase in AUM to $99.5 billion, up from $96.2 billion.
• Net inflows of $782 million demonstrate strong investor interest.
• Market appreciation contributed $2.7 billion to AUM growth.

Negative

• Distributions of $208 million partially offset AUM growth.
• Net outflows from Japan Subadvisory and Subadvisory excluding Japan.

NEW YORK, Aug. 9, 2021  /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $99.5 billion as of July 31, 2021, an increase of $3.3 billion from assets under management at June 30, 2021. The increase was due to net inflows of $782 million and market appreciation of $2.7 billion, partially offset by distributions of $208 million. 

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	6/30/2021	Flows	Appreciation	Distributions	7/31/2021
Institutional Accounts:
Advisory	$23,115	$293	$649	$ -	$24,057
Japan Subadvisory	10,503	(37)	488	(100)	10,854
Subadvisory excluding Japan	6,538	(188)	211	-	6,561
Total Institutional Accounts	40,156	68	1,348	(100)	41,472
Open-end Funds	43,532	730	1,157	(59)	45,360
Closed-end Funds	12,537	(16)	200	(49)	12,672
Total AUM	$96,225	$782	$2,705	($208)	$99,504

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' assets under management as of July 31, 2021?

Cohen & Steers reported assets under management of $99.5 billion as of July 31, 2021.

What contributed to the increase in AUM for Cohen & Steers in July 2021?

The increase in AUM was due to net inflows of $782 million and market appreciation of $2.7 billion.

What were the distributions for Cohen & Steers as of July 31, 2021?

Cohen & Steers reported distributions totaling $208 million as of July 31, 2021.

How much did Cohen & Steers' AUM increase from June 30, 2021, to July 31, 2021?

Cohen & Steers' AUM increased by $3.3 billion from $96.2 billion at June 30, 2021.