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

Rhea-AI Summary

Cohen & Steers reported preliminary assets under management of $98.9 billion as of February 28, 2022, marking a decline of $3.2 billion from January 31, 2022. This decrease resulted from market depreciation of $3.5 billion and distributions of $197 million, despite net inflows of $479 million.

Investment vehicles included institutional accounts and open-end funds, with significant market impacts noted in both categories. Overall, the firm's performance reflects current market challenges.

Positive

• Net inflows of $479 million in February 2022.

Negative

• Decrease in assets under management by $3.2 billion.
• Market depreciation of $3.5 billion impacting overall AUM.
• Distributions totaling $197 million.

NEW YORK, March 8, 2022 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $98.9 billion as of February 28, 2022, a decrease of $3.2 billion from assets under management at January 31, 2022. The decrease was due to market depreciation of $3.5 billion and distributions of $197 million, partially offset by net inflows of $479 million.

Assets Under Management
(unaudited)
($ in millions)	AUM	Net	Market		AUM
By investment vehicle:	1/31/2022	Flows	Depreciation	Distributions	2/28/2022
Institutional Accounts:
Advisory	$24,195	($100)	($726)	$ -	$23,369
Japan Subadvisory	10,535	59	(435)	(92)	10,067
Subadvisory excluding Japan	6,404	17	(149)	-	6,272
Total Institutional Accounts	41,134	(24)	(1,310)	(92)	39,708
Open-end Funds	48,434	195	(1,798)	(56)	46,775
Closed-end Funds	12,506	308	(349)	(49)	12,416
Total AUM	$102,074	$479	($3,457)	($197)	$98,899

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 assets under management for Cohen & Steers as of February 2022?

Cohen & Steers reported preliminary assets under management of $98.9 billion as of February 28, 2022.

What caused the decrease in assets under management for Cohen & Steers?

The decrease was attributed to market depreciation of $3.5 billion and distributions of $197 million.

How much were the net inflows for Cohen & Steers in February 2022?

The net inflows for Cohen & Steers in February 2022 amounted to $479 million.

What was the decline in AUM for Cohen & Steers from January to February 2022?

Cohen & Steers experienced a decline of $3.2 billion in assets under management from January 31 to February 28, 2022.

What investment vehicles are included in Cohen & Steers' asset management?

Cohen & Steers manages institutional accounts and open-end funds among other investment vehicles.