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NEW YORK, Sept. 11, 2023 /PRNewswire/ — Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $80.0 billion as of August 31, 2023, a decrease of $2.3 billion from assets under management at July 31, 2023. The decrease was due to market depreciation of $2.2 billion and distributions of $157 million, partially offset by net inflows of $12 million.
Assets Under Management | |||||
($ in millions) | AUM | Net | Market | AUM | |
By investment vehicle: | 7/31/2023 | Flows | Depreciation | Distributions | 8/31/2023 |
Institutional Accounts: | |||||
Advisory | $19,527 | $90 | ($571) | – | $19,046 |
Japan Subadvisory | 9,161 | 2 | (291) | (62) | 8,810 |
Subadvisory excluding Japan | 5,737 | 93 | (205) | – | 5,625 |
Total Institutional Accounts | 34,425 | 185 | (1,067) | (62) | 33,481 |
Open-end Funds | 36,852 | (173) | (800) | (44) | 35,835 |
Closed-end Funds | 11,064 | – | (298) | (51) | 10,715 |
Total AUM | $82,341 | $12 | ($2,165) | ($157) | $80,031 |
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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