Cohen & Steers' (CNS) April AUM Dips on Unfavorable Markets

Cohen & Steers, Inc. (CNS) reported preliminary assets under management (AUM) of $77.2 billion as of Apr 30, 2024. This reflected a decline of 4.9% from the prior month's level.The decrease was due to market depreciation of$ 3.9 billion, net outflows of $74 million and distributions of$ 151 million.Cohen & Steers recorded total institutional accounts of $30.6 billion at the end of April 2024, falling 5.5% from the March 2024-end level. Of the total institutional accounts, advisory accounts were$ 17.4 billio ...