Cohen & Steers Reports Preliminary Assets Under Management of $84.6 Billion as of July 31, 2024

Strategic Insights -

Cohen & Steers, a leading global investment manager, has announced its preliminary assets under management (AUM) for July 31, 2024. The company's AUM reached $84.6 billion, a significant increase of $3.9 billion from June 30, 2024. This growth can be attributed to a $4.1 billion market appreciation, offset by distributions of $153 million and net outflows of $45 million.

Key Takeaways:

  • Cohen & Steers' preliminary AUM as of July 31, 2024, stood at $84.6 billion, an increase of $3.9 billion from June 30, 2024.
  • The increase in AUM was driven by a $4.1 billion market appreciation, partially offset by distributions of $153 million and net outflows of $45 million.
  • Institutional accounts, including advisory and subadvisory services, accounted for $33.764 billion of the total AUM as of July 31, 2024.
  • Open-end funds contributed $39.420 billion to the total AUM, while closed-end funds made up $11.391 billion.
  • The company's AUM has grown significantly over the years, with a notable increase of $4.1 billion in market appreciation in July 2024.
  • Cohen & Steers' global presence is evident, with offices in New York City, London, Dublin, Hong Kong, Tokyo, and Singapore.
  • The company's expertise in real assets and alternative income has driven its success in the investment management industry.

Statistics:

  • Preliminary AUM as of July 31, 2024: $84.6 billion
  • Increase in AUM from June 30, 2024: $3.9 billion
  • Market appreciation: $4.1 billion
  • Distributions: $153 million
  • Net outflows: $45 million
  • Institutional accounts AUM: $33.764 billion
  • Open-end funds AUM: $39.420 billion
  • Closed-end funds AUM: $11.391 billion

Sources:

  • Cohen & Steers, Inc., press release, August 8, 2024,
  • Cohen & Steers, Inc., Unaudited Assets Under Management (AUM), July 31, 2024 ($ in millions)