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

(Neutral)

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management of $94.0 billion as of July 31, 2022, reflecting an increase of $6.1 billion from June 30, 2022. The growth was attributed to net inflows of $327 million and market appreciation of $6.0 billion, despite distributions totaling $183 million. The firm specializes in real assets and alternative income, maintaining a global presence with headquarters in New York City.

Positive

Assets under management increased to $94.0 billion, up $6.1 billion from the previous month.
Net inflows of $327 million indicate strong investor confidence.
Market appreciation contributed $6.0 billion to AUM growth.

Negative

Distributions of $183 million may indicate cash outflow risks.

News Market Reaction – CNS

+3.67%

+3.67% Session move

In the trading session that priced this news, CNS gained 3.67%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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08/09/2022 - 04:24 PM

NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $94.0 billion as of July 31, 2022, an increase of $6.1 billion from assets under management at June 30, 2022. The increase was due to net inflows of $327 million and market appreciation of $6.0 billion, partially offset by distributions of $183 million.

Assets Under Management (unaudited)

($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	6/30/2022	Flows	Appreciation	Distributions	7/31/2022
Institutional Accounts:
Advisory	$20,135	$180	$1,410	$ -	$21,725
Japan Subadvisory	8,939	48	798	(81)	9,704
Subadvisory excluding Japan	5,432	(13)	411	-	5,830
Total Institutional Accounts	34,506	215	2,619	(81)	37,259
Open-end Funds	41,583	109	2,722	(51)	44,363
Closed-end Funds	11,773	3	654	(51)	12,379
Total AUM	$87,862	$327	$5,995	($183)	$94,001

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.

View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-july-2022-301602932.html

SOURCE Cohen & Steers, Inc.

FAQ

What are the preliminary assets under management for Cohen & Steers as of July 31, 2022?

Cohen & Steers reported preliminary assets under management of $94.0 billion as of July 31, 2022.

What caused the increase in assets under management for Cohen & Steers in July 2022?

The increase was due to net inflows of $327 million and market appreciation of $6.0 billion.

What were the distributions reported by Cohen & Steers for July 2022?

Cohen & Steers reported distributions totaling $183 million for July 2022.

How much did net inflows contribute to Cohen & Steers' assets under management in July 2022?

Net inflows contributed $327 million to Cohen & Steers' assets under management in July 2022.