Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For December 2022
PR Newswire
NEW YORK , Jan. 10, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.4 billion as of December 31, 2022 , a decrease of $3.8 billion from assets under management at November 30, 2022 . The decrease was due to market depreciation of $2.6 billion , distributions of $887 million and net outflows of $260 million .
Assets Under Management | ||||||
(unaudited) | ||||||
| ||||||
($ in millions) |
AUM |
Net |
Market | |
AUM | |
By investment vehicle: | 11/30/2022 | Flows | Depreciation | Distributions | 12/31/2022 | |
Institutional Accounts: | | | | | | |
Advisory | $19,572 | ($379) | ($562) | $ - | $18,631 | |
Japan Subadvisory | 8,770 | 99 | (409) | (84) | 8,376 | |
Subadvisory excluding Japan | 5,598 | (59) | (173) | - | 5,366 | |
Total Institutional Accounts | 33,940 | (339) | (1,144) | (84) | 32,373 | |
Open-end Funds | 38,695 | 76 | (1,206) | (662) | 36,903 | |
Closed-end Funds | 11,549 | 3 | (262) | (141) | 11,149 | |
Total AUM | $84,184 | ($260) | ($2,612) | ($887) | $80,425 |
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.