Cohen & Steers reports preliminary Jan. 31, 2026 AUM of $93.1 billion

Cohen & Steers posts preliminary AUM of $93.1 billion

Cohen & Steers reports preliminary assets under management of $93.1 billion as of Jan. 31, 2026, up $2.5 billion from $90.5 billion at Dec. 31, 2025. The firm says the increase is driven primarily by $2.2 billion of market appreciation and $449 million of net inflows, partially offset by $153 million of distributions. The company provides an unaudited, preliminary breakdown by investment vehicle and cautions the figures may be adjusted.

Market appreciation lifts institutional and retail vehicles

Institutional advisory assets rise to $21.698 billion from $20.843 billion after $257 million of net flows and $598 million of market appreciation. Subadvisory assets increase to $14.520 billion from $14.217 billion despite $112 million of negative net flows, helped by $468 million of market appreciation and $53 million of distributions, producing total institutional accounts of $36.218 billion from $35.060 billion (net flows $145 million, market appreciation $1.066 billion, distributions $53 million).

Open‑end funds and closed‑end funds also record gains. Open‑end funds grow to $44.566 billion from $43.437 billion following $304 million of net inflows, $870 million of market appreciation and $45 million of distributions. Closed‑end funds move to $12.283 billion from $12.047 billion after $291 million of market appreciation and $55 million of distributions. The firm attributes the bulk of the month’s AUM movement to market-driven valuation gains across its listed and private real assets and alternative income holdings.

Management emphasizes monitoring and risk discipline

Cohen & Steers underscores that the AUM figures are unaudited and subject to subsequent adjustments, and that management continues to monitor market conditions, client flows and distribution activity. The firm reiterates a focus on disciplined risk management and stewardship as it manages exposure across institutional and retail channels.

Business profile and strategic focus

Founded in 1986 and headquartered in New York with offices in London, Dublin, Hong Kong, Tokyo and Singapore, Cohen & Steers is a specialist global investment manager in real assets and alternative income. Its core strategies include listed and private real estate, preferred securities, infrastructure, resource equities, commodities and multi‑strategy solutions, which the firm says aim to deliver income and inflation protection for clients worldwide.