Cohen & Steers AUM Dips $645M in May 2026 Amid Market Depreciation
Event summary
- Cohen & Steers reported preliminary AUM of $99.5B as of May 31, 2026, down $645M from April 30, 2026.
- The decrease was driven by $592M in market depreciation and $154M in distributions, partially offset by $101M in net inflows.
- Institutional accounts saw a $88M net outflow, while open-end funds had $189M in net inflows.
- Closed-end funds experienced a $93M market depreciation and $56M in distributions.
The big picture
Cohen & Steers' May 2026 AUM decline reflects broader market volatility, particularly in real assets and alternative income sectors. The firm's ability to attract net inflows despite market headwinds highlights its niche specialization. However, sustained depreciation in closed-end funds could signal deeper investor caution in these asset classes.
What we're watching
- Market Volatility
- How sustained market depreciation will impact Cohen & Steers' AUM in the coming months.
- Investor Sentiment
- Whether the firm can maintain net inflows amid broader market uncertainty.
- Product Performance
- The pace at which closed-end funds recover from recent depreciation.
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