NEW YORK, Oct. 9, 2023 /PRNewswire/ — Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $75.2 billion as of September 30, 2023, a decrease of $4.9 billion from assets under management at August 31, 2023. The decrease was due to market depreciation of $4.3 billion, net outflows of $290 million and distributions of $283 million.
|
Assets Under Management (unaudited) |
|||||
|
($ in millions) |
AUM |
Net |
Market |
AUM |
|
|
By investment vehicle: |
8/31/2023 |
Flows |
Depreciation |
Distributions |
9/30/2023 |
|
Institutional Accounts: |
|||||
|
Advisory |
$19,046 |
($87) |
($1,055) |
– |
$17,904 |
|
Japan Subadvisory |
8,810 |
(30) |
(630) |
(60) |
8,090 |
|
Subadvisory excluding Japan |
5,625 |
(49) |
(354) |
– |
5,222 |
|
Total Institutional Accounts |
33,481 |
(166) |
(2,039) |
(60) |
31,216 |
|
Open-end Funds |
35,835 |
(123) |
(1,869) |
(172) |
33,671 |
|
Closed-end Funds |
10,715 |
(1) |
(392) |
(51) |
10,271 |
|
Total AUM |
$80,031 |
($290) |
($4,300) |
($283) |
$75,158 |
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.
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