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

Rhea-AI Summary

Cohen & Steers (NYSE: CNS) reported preliminary assets under management of $101.6 billion as of October 31, 2021, reflecting an increase of $4.3 billion from September 30, 2021. This growth was attributed to net inflows of $138 million and market appreciation of $4.4 billion, which were partially offset by distributions totaling $203 million.

Positive

• Increase in assets under management by $4.3 billion.
• Net inflows of $138 million.
• Market appreciation of $4.4 billion.

Negative

• Distributions of $203 million partially offsetting AUM growth.

NEW YORK, Nov. 8, 2021 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $101.6 billion as of October 31, 2021, an increase of $4.3 billion from assets under management at September 30, 2021. The increase was due to net inflows of $138 million and market appreciation of $4.4 billion, partially offset by distributions of $203 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	9/30/2021	Flows	Appreciation	Distributions	10/31/2021
Institutional Accounts:
Advisory	$22,818	($366)	$1,118	$ -	$23,570
Japan Subadvisory	10,262	(129)	746	(92)	10,787
Subadvisory excluding Japan	6,267	32	364	-	6,663
Total Institutional Accounts	39,347	(463)	2,228	(92)	41,020
Open-end Funds	45,593	595	1,757	(62)	47,883
Closed-end Funds	12,320	6	414	(49)	12,691
Total AUM	$97,260	$138	$4,399	($203)	$101,594

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 was Cohen & Steers' assets under management as of October 31, 2021?

Cohen & Steers reported preliminary assets under management of $101.6 billion as of October 31, 2021.

How much did Cohen & Steers' assets under management increase from September to October 2021?

Cohen & Steers' assets under management increased by $4.3 billion from September 30, 2021.

What were the net inflows for Cohen & Steers in October 2021?

Cohen & Steers had net inflows of $138 million in October 2021.

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

The increase was due to net inflows of $138 million and market appreciation of $4.4 billion.

What were the distributions for Cohen & Steers in October 2021?

Cohen & Steers had distributions totaling $203 million in October 2021.