NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $83.1 billion as of December 31, 2023, an increase of $4.4 billion from assets under management at November 30, 2023 . The increase was due to net inflows of $61 million and market appreciation of $4.8 billion, partially offset by distributions of $408 million .
Assets Under Management (unaudited) | |||||
($ in millions) | AUM | Net | Market | AUM | |
By investment vehicle: | 11/30/2023 | Flows | Appreciation | Distributions | 12/31/2023 |
Institutional Accounts: | |||||
Advisory | $18,853 | $157 | $1,254 | - | $20,264 |
Japan Subadvisory | 8,548 | (160) | 702 | (64) | 9,026 |
Subadvisory excluding Japan | 5,314 | 28 | 396 | - | 5,738 |
Total Institutional Accounts | 32,715 | 25 | 2,352 | (64) | 35,028 |
Open-end Funds | 35,312 | 36 | 1,977 | (293) | 37,032 |
Closed-end Funds | 10,701 | - | 426 | (51) | 11,076 |
Total AUM | $78,728 | $61 | $4,755 | ($408) | $83,136 |
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 .
SOURCE Cohen & Steers, Inc.
