Envirotech Vehicles appoints Jason Maddox to board of directors
NEW YORK - Investment manager Cohen & Steers, Inc. (NYSE:CNS) reported preliminary assets under management of $88.9 billion as of June 30, 2025, according to a company press release.
The figure represents a modest increase of $321 million from the $88.6 billion reported at the end of May 2025. The growth was primarily driven by market appreciation of $965 million, which was partially offset by distributions of $460 million and net outflows of $184 million. According to InvestingPro data, the company has maintained dividend payments for 22 consecutive years, demonstrating consistent shareholder returns despite market fluctuations.
The company’s open-end funds saw positive net flows of $260 million during June, reaching $43.0 billion in total assets. Closed-end funds also experienced positive net flows of $101 million, bringing their total to $11.6 billion.
Institutional accounts, which include both advisory and subadvisory relationships, experienced net outflows of $545 million, with the advisory segment accounting for $526 million of those outflows. Total institutional assets stood at $34.4 billion at month-end.
Cohen & Steers specializes in real assets and alternative income investments, including real estate, preferred securities, infrastructure, resource equities, and commodities. The firm, founded in 1986, maintains its headquarters in New York City with additional offices in London, Dublin, Hong Kong, Tokyo and Singapore.
In other recent news, Cohen & Steers reported its first-quarter 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.75, slightly above the forecast of $0.74. The company’s revenue reached $134.5 million, exceeding the anticipated $130.64 million. Assets Under Management (AUM) increased to $87.6 billion, indicating strong investor confidence and effective asset management strategies. In a strategic move, Cohen & Steers appointed Brad Ispass to lead its new Enterprise Wealth Group, aiming to expand its presence in the U.S. wealth management market. Additionally, Seth Laughlin was appointed as Senior Vice President and Head of Real Estate Strategy & Research to lead long-term real estate investment opportunities. Meanwhile, BofA Securities initiated coverage on Cohen & Steers with an Underperform rating, citing concerns about the company’s growth prospects and cyclical headwinds in the real estate industry. Cohen & Steers also announced a $0.62 per share dividend for the second quarter of 2025, reflecting its ongoing commitment to providing returns to shareholders. These recent developments highlight the company’s strategic initiatives and financial performance.
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