Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For March 2023
PR Newswire
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.