NEW YORK, April 11, 2023 /PRNewswire/ — Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $79.9 billion as of March 31, 2023, a decrease of $3.6 billion from assets under management at February 28, 2023. The decrease was due to market depreciation of $2.6 billion, net outflows of $700 million and distributions of $318 million.
|
Assets Under Management |
||||||
|
(unaudited) |
||||||
|
($ in millions) |
AUM |
Net |
Market |
Distributions |
AUM |
|
|
Institutional Accounts: |
||||||
|
Advisory |
$19,027 |
($53) |
($484) |
$ – |
$18,490 |
|
|
Japan Subadvisory |
8,810 |
191 |
(201) |
(87) |
8,713 |
|
|
Subadvisory excluding Japan |
5,523 |
(14) |
(108) |
– |
5,401 |
|
|
Total Institutional Accounts |
33,360 |
124 |
(793) |
(87) |
32,604 |
|
|
Open-end Funds |
38,745 |
(742) |
(1,396) |
(180) |
36,427 |
|
|
Closed-end Funds |
11,387 |
(82) |
(380) |
(51) |
10,874 |
|
|
Total AUM |
$83,492 |
($700) |
($2,569) |
($318) |
$79,905 |
|
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.
SOURCE Cohen & Steers, Inc.
Originally published at https://www.prnewswire.com/news-releases/cohen–steers-announces-preliminary-assets-under-management-and-net-flows-for-march-2023-301794911.html
