Cohen & Steers' (CNS) January AUM Falls 4.6% on Weak Markets

Cohen & Steers, Inc. (CNS) reported preliminary assets under management (AUM) of $79.3 billion as of Jan 31, 2024. This reflected a decline of 4.6% from the prior month's level.The decrease was due to a net outflow of $1.5 billion, a market depreciation of $2.2 billion and distributions of $157 million.Cohen & Steers recorded total institutional accounts of $32 billion at the end of January 2024, falling 8.6% from the December 2023-end level. Of the total institutional accounts, advisory accounts were $18 b ...