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