Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For September 2020
NEW YORK, Oct. 8, 2020 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE:CNS) today reported preliminary assets under management of $70.5 billion as of September 30, 2020, a decrease of $1.6 billion from assets under management at August 31, 2020. The decrease was due to net outflows of $24 million, market depreciation of $1.2 billion and distributions of $303 million.
Assets Under Management | |||||
(unaudited) | |||||
($ in millions) |
AUM | Net | Market Appreciation | AUM | |
By investment vehicle: | 8/31/2020 | Flows | (Depreciation) | Distributions | 9/30/2020 |
Institutional Accounts: | |||||
Japan Subadvisory | $9,288 | $93 | ($244) | ($121) | $9,016 |
Subadvisory excluding Japan | 5,341 | 57 | (127) | - | 5,271 |
Advisory | 16,894 | (502) | (299) | - | 16,093 |
Total Institutional Accounts | 31,523 | (352) | (670) | (121) | 30,380 |
Open-end Funds | 31,654 | 328 | (438) | (140) | 31,404 |
Closed-end Funds | 8,896 | - | (135) | (42) | 8,719 |
Total AUM | $72,073 | ($24) | ($1,243) | ($303) | $70,503 |
About Cohen & Steers
Cohen & Steers is a global investment manager specializing in liquid real assets, including real estate securities, listed infrastructure and natural resource equities, as well as preferred securities and other income 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.
