Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For March 2023
NEW YORK, April 11, 2023 /PRNewswire/ -- Cohen & Steers, Inc. 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 $318 million.
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Assets Under Management | ||||||
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(unaudited) | ||||||
|
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($ 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 |
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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.
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