Cohen & Steers: Q2 2023 Earnings Presentation Summary of second quarter 2023 results • June 30, 2023 AUM was $80.4 billion versus $79.9 billion at March 31, 2023 Assets under • Average AUM was $79.4 billion for Q2 2023 versus $83.2 billion for Q1 2023 management • Market appreciation was $1.8 billion for Q2 2023 versus market appreciation of $671 million for Q1 2023 • Net outflows of $512 million in Q2 2023 versus net outflows of $497 million in Q1 2023 Flows • Net outflows in advisory and open-end funds • ...

财务数据和关键指标变化 - 公司第二季度每股收益为0.70美元,同比下降27.1%,环比下降7.9% [7][8] - 公司第二季度收入为1.203亿美元,同比下降18.5%,环比下降4.8% [7] - 公司第二季度营业利润为4,380万美元,同比下降31.6%,环比下降8.8% [8] - 公司第二季度营业利润率为36.4%,环比下降160个基点 [8] 各条业务线数据和关键指标变化 - 优先股策略净流出3.65亿美元,但流出速度有所放缓 [33][34] - 全球上市基础设施净流出1.71亿美元 [35] - 全球房地产净流出9,000万美元,但美国房地产策略净流入1.14亿美元 [35] 各个市场数据和关键指标变化 - 北美地区净流出集中,而EMEA、亚太和日本地区则有净流入 [35][36] - 美国开放式基金净流出5.22亿美元,但离岸SICAV基金连续12个季度净流入 [36] - 日本子公司管理的美国房地产基金连续6个季度净流入,主要受益于日本投资者对价值型投资的偏好 [39] 公司战略和发展方向及行业竞争 - 公司正在投资新的公司总部、数据中心和交易系统升级等关键支持性项目,为长期增长做准备 [41][42][43] - 公司正在开发私募房地产等新策略,以及短期优先股等新产品,以满足市场需求 [43][44] - 公司正在加强在亚洲的机构和财富管理渠道的投资,以把握该地区对实物资产日益增长的需求 [57][58] 管理层对经营环境和未来前景的评论 - 管理层认为当前宏观环境仍具有挑战性,但通胀下降和货币政策收紧接近尾声,市场可能进入较为平稳的阶段 [28][29][30] - 管理层预计未来10年通胀可能会更高,实物资产将成为投资组合的重要组成部分 [21][22][23][24][25][26] - 管理层认为上市房地产和优先股将进入新的上涨周期,为公司带来新的增长机会 [29][30] 问答环节重要的提问和回答 问题1 **John Dunn 提问** 公司现在同时拥有上市和私募房地产业务,两者之间的互动关系如何?未来在利率环境趋于平稳时,两者的发展机会如何? [50] **Joe Harvey 回答** - 公司认为将上市和私募房地产结合使用,可以为投资者构建更好的房地产投资组合 [51] - 目前上市房地产相对私募房地产更具有投资价值,因为上市房地产价格已经下跌,而私募房地产价格才刚开始调整 [51][52] - 上市和私募房地产可以提供不同类型的房地产投资机会,上市偏向核心资产,私募则更多涉及机会型投资 [52][53] - 公司将继续发挥自身的研究和投资管理优势,为客户提供上市和私募房地产的全方位配置建议 [53][54] 问题2 **John Dunn 提问** 公司在哪些领域有望恢复较好的毛销售? [66] **Joe Harvey 回答** - 公司认为上市房地产、基础设施和多元化实物资产策略是未来可能恢复较好毛销售的领域 [67] - 这些领域在公司的机构投资者管线中都有较多的活跃需求 [67] - 公司将继续加强对财富管理渠道的教育和营销,以期带动这些领域的零售端需求 [67] 问题3 **John Dunn 提问** 公司在不同地区的发展情况如何,哪些地区是公司未来的重点发展区域? [79] **Joe Harvey 回答** - 北美地区是公司最大的市场,也是公司机构投资者流出的主要来源,公司将重点关注这一地区的业务恢复 [80] - EMEA和亚洲地区是公司新兴的增长市场,公司正在加强在这些地区的资源投入和渠道拓展 [80][81] - 其中亚洲地区对实物资产的需求最为旺盛,公司正在大力开拓这一市场 [81]

________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-32236 ________________ COHEN & STEERS, INC. (Exact Name of Registrant ...

Cohen & Steers, Inc. (NYSE:CNS) Q1 2023 Earnings Conference Call April 20, 2023 10:00 AM ET Company Participants Brian Heller - Senior Vice President and Corporate Counsel Joe Harvey - Chief Executive Officer Matt Stadler - Chief Financial Officer Jon Cheigh - Chief Investment Officer Conference Call Participants John Dunn - Evercore ISI Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers First Quarter 2023 Earnings Conference Call. During the presentation, all participan ...

Cohen & Steers: Q1 2023 Earnings Presentation Summary of first quarter 2023 results Assets under management • March 31, 2023 AUM was $79.9 billion versus $80.4 billion at December 31, 2022 • Average AUM was $83.2 billion for Q1 2023 versus $80.5 billion for Q4 2022 • Market appreciation was $671 million for Q1 2023 versus market appreciation of $3.5 billion for Q4 2022 Flows • Net outflows of $497 million in Q1 2023 versus net outflows of $1.1 billion in Q4 2022 • Net outflows in subadvisory ex. Japan, advi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the period from to Commission File No. 001-32236 COHEN & STEERS, INC. (Exact name of registrant as specified in its charter) Delaware 14-1904657 (State or other jurisdiction of (I.R.S. Emplo ...

Cohen & Steers, Inc. (NYSE:CNS) Q4 2022 Earnings Conference Call January 26, 2023 10:00 AM ET Company Participants Brian Heller - Senior Vice President and Corporate Counsel Joe Harvey - Chief Executive Officer Matt Stadler - Chief Financial Officer Jon Cheigh - Chief Investment Officer Conference Call Participants John Dunn - Evercore ISI Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers Fourth Quarter and Full Year 2022 Earnings Conference Call. During the presentatio ...

Cohen & Steers: Q4 2022 and Full Year 2022 Earnings Presentation Summary of fourth quarter and full year 2022 results Fourth quarter 2022 Full year 2022 • December 31, 2022 AUM was $80.4 billion versus $79.2 billion at September 30, 2022 • December 31, 2022 AUM was $80.4 billion versus $106.6 billion at December 31, 2021 Assets under management • Average AUM was $80.5 billion for Q4 2022 versus $89.7 billion for Q3 2022 • Average AUM was $91.6 billion for FY 2022 versus $94.2 billion for FY 2021 • Net outfl ...

COHEN & STEERS Cohen & Steers: Q3 2022 Earnings Presentation Summary of third quarter 2022 results Assets under management Flows Financial results, as adjusted • September 30, 2022 AUM was $79.2 billion versus $87.9 billion at June 30, 2022 • Average AUM was $89.7 billion for Q3 2022 versus $95.1 billion for Q2 2022 • Market depreciation was $7.4 billion for Q3 2022 versus $12.5 billion for Q2 2022 • Net outflows of $598 million in Q3 2022 versus net outflows of $717 million in Q2 2022 • Net inflows in suba ...

Cohen & Steers Inc. (NYSE:CNS) Q3 2022 Earnings Conference Call October 20, 2022 10:00 AM ET Company Participants Brian Heller - SVP & Corporate Counsel Matthew Stadler - CFO Jon Cheigh - Chief Investment Officer Joseph Harvey - CEO Conference Call Participants John Dunn - Evercore ISI Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cohen & Steers Third Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will ...