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

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management (AUM) of $100.5 billion as of August 31, 2021, a $950 million increase from July 31. The growth can be attributed to market appreciation of $1.7 billion, though this was partially offset by net outflows of $554 million and distributions of $205 million.

Positive

• Increase in AUM by $950 million from July 31, 2021.
• Market appreciation contributed $1.7 billion to AUM.

Negative

• Net outflows of $554 million.
• Distributions totaling $205 million.

NEW YORK, Sept. 9, 2021 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $100.5 billion as of August 31, 2021, an increase of $950 million from assets under management at July 31, 2021. The increase was due to market appreciation of $1.7 billion, partially offset by net outflows of $554 million and distributions of $205 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	7/31/2021	Flows	Appreciation	Distributions	8/31/2021
Institutional Accounts:
Advisory	$24,057	($1,040)	$418	$ -	$23,435
Japan Subadvisory	10,854	(12)	233	(97)	10,978
Subadvisory excluding Japan	6,561	(66)	120	-	6,615
Total Institutional Accounts	41,472	(1,118)	771	(97)	41,028
Open-end Funds	45,360	658	762	(59)	46,721
Closed-end Funds	12,672	(94)	176	(49)	12,705
Total AUM	$99,504	($554)	$1,709	($205)	$100,454

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 the preliminary assets under management for Cohen & Steers as of August 31, 2021?

Cohen & Steers reported preliminary assets under management of $100.5 billion.

How much did Cohen & Steers's assets increase from July to August 2021?

The assets increased by $950 million from July 31 to August 31, 2021.

What factors contributed to the increase in assets under management for CNS?

The increase was due to market appreciation of $1.7 billion.

What was the net outflow amount reported by Cohen & Steers in August 2021?

The net outflow reported was $554 million.