Cohen & Steers Reports October 2025 AUM and Net Flows Figures

Cohen & Steers Reports Preliminary Assets Under Management and Net Flows for October 2025

Cohen & Steers, Inc. (NYSE: CNS) has released its preliminary figures for assets under management (AUM) and net flows for the month ending October 31, 2025. The investment management firm reported a total AUM of $90.6 billion, reflecting a decrease of $312 million compared to the previous month's figure of $90.9 billion, which had been recorded at the end of September 2025. This decline can be attributed to several market-driven factors.

Factors Contributing to AUM Decline

The AUM reduction can primarily be explained through an examination of market performance and capital distributions. Cohen & Steers experienced a significant market depreciation estimated at $1.3 billion. Alongside this market challenge, the firm also noted capital distributions that amounted to $150 million. However, there were positive offsets; net inflows were recorded at approximately $1.1 billion, indicating continued investor interest despite the overall downturn in assets.

Breakdown of AUM by Investment Vehicle

To provide a clearer picture, here’s the summary of assets under management differentiated by investment vehicle:

- Institutional Accounts:

- Advisory: $20.208 billion
- Subadvisory: $14.503 billion
- Total Institutional Accounts: $34.711 billion

For the institutional accounts, net flows showed $683 million entering these categories, yet were partially offset by market depreciation and distributions.

- Open-end Funds:

- AUM stood at $44.421 billion, witnessing a net outflow of $61 million as well as a market depreciation of $668 million leading to total adjusted assets of $43.647 billion.

- Closed-end Funds:

- This category benefited from a net inflow of $513 million leading to AUM elevation to $12.124 billion despite experiencing some depreciation.

This detailed breakdown reveals how various segments within Cohen & Steers' portfolio are performing amidst market fluctuations. Institutional accounts seem to maintain a solid base, aided by net inflows, whereas open-end funds are feeling the strain of market prices.

Firm Overview

Founded in 1986, Cohen & Steers has positioned itself firmly within the realm of global investment management, specializing in real assets, alternative income, including listed and private real estate, preferred securities, and commodities. The firm has cultivated its offerings to include a variety of strategies designed to cater to an evolving financial landscape.

The firm operates from its headquarters in New York City, with a global presence in other financial hubs including London, Dublin, Hong Kong, Tokyo, and Singapore, allowing it to leverage insights and trends across international markets.

Conclusion

As Cohen & Steers navigates the intricate waters of the investment landscape, the recent financial disclosures indicate both challenges and opportunities for investors. The firm’s focus on real assets appears robust, and despite the current setbacks in AUM, the positive net inflows will likely play a vital role in its operational strategy moving forward. Stakeholders should remain observant of ongoing market conditions and of how these factors will influence the performance trajectory of Cohen & Steers' portfolios. Understanding these dynamics will be crucial for making informed investment decisions in the months ahead.