NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $79.3 billion as of January 31, 2024, a decrease of $3.8 billion from assets under management at December 31, 2023. The decrease was due to market depreciation of $2.2 billion, net outflows of $1.5 billion, and distributions of $157 million.
Assets Under Management (unaudited) | |||||
($ in millions) | AUM | Net | Market | AUM | |
By investment vehicle: | 12/31/2023 | Flows | Depreciation | Distributions | 1/31/2024 |
Institutional Accounts: | |||||
Advisory | $20,264 | ($1,744) | ($552) | - | $17,968 |
Japan Subadvisory | 9,026 | (64) | (352) | (62) | 8,548 |
Subadvisory excluding Japan | 5,738 | (19) | (223) | - | 5,496 |
Total Institutional Accounts | 35,028 | (1,827) | (1,127) | (62) | 32,012 |
Open-end Funds | 37,032 | 356 | (909) | (44) | 36,435 |
Closed-end Funds | 11,076 | 1 | (157) | (51) | 10,869 |
Total AUM | $83,136 | ($1,470) | ($2,193) | ($157) | $79,316 |
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.
