Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For February 2023
PR Newswire
NEW YORK , March 8, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $83.5 billion as of February 28, 2023 , a decrease of $3.8 billion from assets under management at January 31, 2023 . The decrease was due to market depreciation of $3.5 billion , distributions of $185 million and net outflows of $118 million .
Assets Under Management | |||||
| |||||
($ in millions) | AUM | Net | Market | | AUM |
By investment vehicle: | 1/31/2023 | Flows | Depreciation | Distributions | 2/28/2023 |
Institutional Accounts: | | | | | |
Advisory | $19,978 | ($148) | ($803) | $ - | $19,027 |
Japan Subadvisory | 9,264 | 46 | (416) | (84) | 8,810 |
Subadvisory excluding Japan | 5,826 | (28) | (275) | - | 5,523 |
Total Institutional Accounts | 35,068 | (130) | (1,494) | (84) | 33,360 |
Open-end Funds | 40,433 | 7 | (1,645) | (50) | 38,745 |
Closed-end Funds | 11,779 | 5 | (346) | (51) | 11,387 |
Total AUM | $87,280 | ($118) | ($3,485) | ($185) | $83,492 |
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.