Cohen & Steers, Inc., a renowned global investment manager specializing in real assets and alternative income, recently announced its preliminary assets under management (AUM) for September 2023. Despite a slight decrease in AUM, the company continues to demonstrate its strength and resilience in the market.<\/p>\n
As of September 30, 2023, Cohen & Steers reported total AUM of $75.2 billion, representing a decrease of $4.9 billion from the previous month. This decline can be attributed to market depreciation of $4.3 billion, net outflows of $290 million, and distributions of $283 million. While these factors have impacted the overall AUM, it is important to note that Cohen & Steers remains a formidable player in the industry.<\/p>\n
Breaking down the AUM by investment vehicle, the company’s institutional accounts showcased a total AUM of $31.2 billion. Despite experiencing a decrease of $2.0 billion due to market depreciation and other factors, Cohen & Steers’ advisory services maintained a strong presence with an AUM of $17.9 billion. The Japan Subadvisory and Subadvisory excluding Japan also contributed significantly to the institutional accounts, with AUMs of $8.1 billion and $5.2 billion respectively.<\/p>\n
In addition to institutional accounts, Cohen & Steers’ open-end funds and closed-end funds also played a crucial role in its AUM. The open-end funds reported an AUM of $33.7 billion, while the closed-end funds accounted for $10.3 billion. Despite minor fluctuations, these investment vehicles continue to contribute to the company’s overall success.<\/p>\n
Cohen & Steers’ commitment to providing diverse investment options is evident in its focus on real estate, preferred securities, infrastructure, resource equities, commodities, and multi-strategy solutions. With a history dating back to 1986, the firm has established its headquarters in New York City and expanded its presence globally with offices in London, Dublin, Hong Kong, Tokyo, and Singapore.<\/p>\n
While the recent decrease in AUM may raise some eyebrows, it is essential to view it in the context of market conditions and the company’s overall performance. Cohen & Steers remains a trusted partner for investors seeking exposure to real assets and alternative income. With its expertise and global reach, the company continues to navigate the ever-changing investment landscape, ensuring its clients’ financial goals are met.<\/p>\n
As the investment industry evolves, Cohen & Steers stands ready to adapt and provide innovative solutions to its clients. With a strong foundation and a diverse range of investment offerings, the company is well-positioned to thrive in the future. Investors can confidently rely on Cohen & Steers to guide them towards their financial objectives, leveraging its extensive experience and expertise in real assets and alternative income.<\/p>\n
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Cohen & Steers, Inc., a renowned global investment manager specializing in real assets and alternative income, recently announced its preliminary assets under management (AUM) for September 2023. Despite a slight decrease in AUM, the company continues to demonstrate its strength and resilience in the market. As of September 30, 2023, Cohen & Steers reported total […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"acf":{"source_article":"https:\/\/www.prnewswire.com\/news-releases\/cohen--steers-announces-preliminary-assets-under-management-and-net-flows-for-september-2023-301951328.html","image_credit":"none"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/posts\/11589"}],"collection":[{"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/comments?post=11589"}],"version-history":[{"count":0,"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/posts\/11589\/revisions"}],"wp:attachment":[{"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/media?parent=11589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/categories?post=11589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latestnews.top\/wp-json\/wp\/v2\/tags?post=11589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}