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Bob Steers, executive chairman of Cohen & Steers
Cohen & Steers reported a record $9.5bn in net inflows in 2021 according to the firm’s annual corporate results, Investment Week can reveal.
The firm also reported $106.6bn assets under management at the end of December, up from $79.9bn in December 2020, while revenue surged 36.6%. Cohen & Steers said that its growth was broad-based, with almost every region and distribution channel contributing to the results. Open-ended funds and advisory gross sales increased 11% and 13%, to $19.5bn and $4.9bn, respectively. Open-end fund net inflows rose 62% in the last year to $8.8bn, while the advisory channel registered a record high $1.9bn in net inflows. Additionally, the firm reported that all nine core investment strategies h...
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