Cohen & Steers Reports $90.9 Billion AUM Growth Despite Challenges in Market Conditions
- Cohen & Steers’ assets under management reached $90.9 billion, increasing by $542 million due to market appreciation.
- Open-end funds saw a $226 million inflow, while institutional accounts faced an $308 million decline from net outflows.
- The firm's focus on real assets and alternative income aligns with market trends, enhancing its growth potential.

Cohen & Steers Sees Growth in Assets Under Management Amid Market Appreciation
Cohen & Steers, Inc. reports a preliminary assets under management (AUM) figure of $90.9 billion as of September 30, 2025, marking an increase of $542 million from the previous month. This growth is largely driven by market appreciation, which contributes $945 million, indicating a robust performance in the firm’s investment strategies. Despite the positive market conditions, the firm also faces challenges, with net outflows amounting to $81 million and distributions totaling $322 million. The firm's ability to navigate these dynamics highlights its strategic positioning in a competitive investment landscape.
The breakdown of AUM by investment vehicle reveals mixed performance across different accounts. Institutional accounts experience a slight decline of $308 million due to net outflows, reflecting a possible shift in investor sentiment or strategy. Conversely, open-end funds benefit from a positive influx of $226 million, boosting their AUM to $44.4 billion, while closed-end funds also report a modest increase, reaching $11.765 billion. This dual trend suggests that while institutional investors may be cautious, retail investors continue to find value in Cohen & Steers’ offerings, particularly in the open-end fund category.
Cohen & Steers, founded in 1986 and headquartered in New York City, has established itself as a leading global investment manager specializing in real assets and alternative income. The firm’s expertise spans various sectors, including listed and private real estate, preferred securities, infrastructure, and resource equities, positioning it well to capitalize on market trends. With a presence in key financial hubs worldwide, Cohen & Steers continues to enhance its reputation for resilience and adaptive growth, even amidst challenges such as net outflows and distribution pressures.
In addition to the positive growth in AUM, Cohen & Steers’ focus on real assets aligns with current market trends that emphasize inflation hedging and sustainable investments. As institutional and retail investors seek diversification, the firm's offerings in real estate and infrastructure are likely to remain attractive. The ongoing demand for alternative income solutions further underscores Cohen & Steers' relevance in today’s investment landscape.
Overall, the latest AUM figures reflect Cohen & Steers’ ability to adapt and thrive in a fluctuating market. The firm’s strategic focus on real assets and alternative income, coupled with its global presence, positions it for continued growth and leadership in the investment management sector.