NEW YORK, June 8, 2023 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $77.9 billion as of May 31, 2023, a decrease of $3.1 billion from assets under management at April 30, 2023. The decrease was due to market depreciation of $2.4 billion, net outflows of $461 million and distributions of $181 million.
Assets Under Management
(unaudited) |
($ in millions) | AUM | Net | Market |
|
| AUM |
By investment vehicle: | 4/30/2023 | Flows | Depreciation | Distributions | Transfers | 5/31/2023 |
Institutional Accounts: |
|
|
|
|
|
|
Advisory | $18,862 | ($75) | ($696) | - | $160 | $18,251 |
Japan Subadvisory | 8,848 | 49 | (264) | (86) | - | 8,547 |
Subadvisory excluding Japan | 5,533 | (4) | (242) | - | - | 5,287 |
Total Institutional Accounts | 33,243 | (30) | (1,202) | (86) | 160 | 32,085 |
Open-end Funds | 36,741 | (431) | (990) | (44) | (160) | 35,116 |
Closed-end Funds | 10,959 | - | (257) | (51) | - | 10,651 |
Total AUM | $80,943 | ($461) | ($2,449) | ($181) | $- | $77,852 |
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.