Easing Monetary Policy and Discounted REIT Valuations Needed To Drive Flows for Cohen & Steers

Higher interest rates, headwinds from equity and credit markets, and increased competition from private real estate vehicles offered by alternative-asset and other traditional asset managers have adversely affected Cohen & Steers' assets under management, or AUM. That said, the firm has seen some recovery in its AUM during the past couple of years, exiting June 2026 with $100.1 billion in managed assets. This was still 6.1% below the firm's peak managed assets of $106.6 billion, though, at the end of December 2021.