Strong Investment Performance
81% of AUM outperformed benchmarks in Q1, with one-year outperformance at 89% and three, five, and ten-year rates all above 95%. The company reported excess returns of 257 basis points, 189 basis points, and 254 basis points over one, three, and five-year periods, respectively.
Positive Net Inflows
Cohen & Steers experienced its third consecutive quarter of net inflows, with $222 million in Q1, and a strong performance in open-end funds with $585 million in net inflows.
End-of-Period AUM Growth
Ending AUM increased to $87.6 billion from $85.8 billion in the previous quarter, driven by net inflows and market appreciation.
Launch of Active ETFs
The company launched its first three active ETFs in February, targeting real estate, preferreds, and natural resource equities, with positive early traction, especially in the natural resource equities ETF.
Strong Performance of CNS REIT
Cohen & Steers Income Opportunities REIT was the top-performing non-traded REIT with a return of 13.4% over the past year.