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Does Cohen & Steers (CNS) have a strong May 2024 Aum balance?

Cohen & Steers (CNS) reports an improvement in the May 2024 AUM balance on solid market performance.

How did Cohen & Steers (CNS) perform in May 2024?

Cohen & Steers, Inc. CNS reported preliminary assets under management (AUM) of $80.5 billion as of May 31, 2024. This reflected growth of 4.3% from the prior month's level. The increase was mainly attributable to a market appreciation of $3.6 billion. This was partly offset by net outflows of $93 million and distributions of $150 million.

Who are Marty Cohen and Bob steers?

Our founders, Marty Cohen and Bob Steers were convinced that listed real estate could open the market to investors, drive demand and make real estate a larger share of portfolios globally. They form the first investment manager dedicated to real estate securities: Cohen & Steers. The firm launches the first closed-end real estate securities fund.

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