Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For May 2023
NEW YORK, June 8, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $77.9 billion as of May 31, 2023, a decrease of $3.1 billion from assets under management at April 30, 2023. The decrease was due to market depreciation of $2.4 billion, net outflows of $461 million and distributions of $181 million.
Assets Under Management |
||||||
($ in millions) |
AUM |
Net |
Market |
AUM |
||
By investment vehicle: |
4/30/2023 |
Flows |
Depreciation |
Distributions |
Transfers |
5/31/2023 |
Institutional Accounts: |
||||||
Advisory |
$18,862 |
($75) |
($696) |
- |
$160 |
$18,251 |
Japan Subadvisory |
8,848 |
49 |
(264) |
(86) |
- |
8,547 |
Subadvisory excluding Japan |
5,533 |
(4) |
(242) |
- |
- |
5,287 |
Total Institutional Accounts |
33,243 |
(30) |
(1,202) |
(86) |
160 |
32,085 |
Open-end Funds |
36,741 |
(431) |
(990) |
(44) |
(160) |
35,116 |
Closed-end Funds |
10,959 |
- |
(257) |
(51) |
- |
10,651 |
Total AUM |
$80,943 |
($461) |
($2,449) |
($181) |
$- |
$77,852 |
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, Tokyo and Singapore.
SOURCE Cohen & Steers, Inc.
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