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Cohen & Steers Announces Preliminary Assets Under Management and Net Flows For December 2024

1. Cohen & Steers' AUM fell to $85.8 billion, down $5.6 billion. 2. The decline resulted from market depreciation, despite $504 million in net inflows.

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FAQ

Why Bearish?

The reduction in AUM indicates weakened investor confidence, similar to past trends during downturns.

How important is it?

The asset management decrease could signal challenges ahead for CNS, impacting its valuation.

Why Short Term?

The immediate impact is likely to affect CNS performance due to short-term investor reactions.

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CNS
NEW YORK , Jan. 9, 2025 /PRNewswire/ -- Cohen & Steers, Inc. (NYSE: CNS) today reported preliminary assets under management of $85.8 billion as of December 31, 2024, a decrease of $5.6 billion from assets under management of $91.4 billion at November 30, 2024. The decrease was due to market depreciation of $5.7 billion and distributions of $396 million, partially offset by net inflows of $504 million.

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