COHEN & STEERS, INC. 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 | |||||
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.
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SOURCE Cohen & Steers, Inc.
