Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For June 2023
NEW YORK, July 11, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.4 billion as of June 30, 2023, an increase of $2.6 billion from assets under management at May 31, 2023. The increase was due to net inflows of $36 million and market appreciation of $2.9 billion, partially offset by distributions of $391 million.
Assets Under Management | |||||
(unaudited) | |||||
($ in millions) | AUM | Net | Market | AUM | |
By investment vehicle: | 5/31/2023 | Flows | Appreciation | Distributions | 6/30/2023 |
Institutional Accounts: | |||||
Advisory | $18,251 | ($103) | $676 | - | $18,824 |
Japan Subadvisory | 8,547 | 81 | 416 | (84) | 8,960 |
Subadvisory excluding Japan | 5,287 | 1 | 203 | - | 5,491 |
Total Institutional Accounts | 32,085 | (21) | 1,295 | (84) | 33,275 |
Open-end Funds | 35,116 | 56 | 1,292 | (255) | 36,209 |
Closed-end Funds | 10,651 | 1 | 329 | (52) | 10,929 |
Total AUM | $77,852 | $36 | $2,916 | ($391) | $80,413 |
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, Tokyo and Singapore.
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SOURCE Cohen & Steers, Inc.
