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Cohen & Steers Reports Solid Q2

July 21, 2025
11:49 AM
5 min read
AI Enhanced
investmentwealthstocksfinancialreal assetsalternative incomemarket cyclesseasonal analysis

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The research indicates that Cohen & Steers (CNS 2. 17%), a global investment manager known for its focus on real assets and alternative income, released its second quarter fiscal 2025...

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5 min read

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real estate

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Published

July 21, 2025

11:49 AM

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The Motley Fool

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Key Topics
investmentwealthstocksfinancialreal assetsalternative incomemarket cyclesseasonal analysis

The re indicates that Cohen & Steers (CNS 2. 17%), a global investment manager known for its focus on real assets and alternative income, released its second quarter fiscal 2025 earnings on July 17, 2025

Management ary and prior quarter data offer insight into momentum, recent duct development, and persistent market challenges

Moreover, Meanwhile, MetricQ2 2025Q2 2025 EstimateY/Y ChangeEPS$0. 75 + 14%Revenue$136

Additionally, 13 million$135. 49 million+ 12% Source: Analyst estimates for the quarter vided by FactSet

Moreover, Company Overview and ModelCohen & Steers specializes in investment management for real assets and alternative income, focusing on areas real estate securities, private real estate, preferred securities, infrastructure, and natural resource equities

It serves a mix of institutional and wealth management clients worldwide, operating through asset management teams in New York, London, Dublin, Hong Kong, Tokyo, and Singapore

In contrast, The company’s model centers on viding active, specialist investment strategies through various vehicles such as open-end funds, closed-end funds, separately managed accounts, and exchange-traded funds (ETFs), given current economic conditions

Success depends on investment performance, client satisfaction, and expansion into new asset classes and geographic

Recently, Cohen & Steers has focused on broadening its duct range and strengthening its wealth channel distribution, responding to investor demand for real assets and income solutions

Quarterly Highlights and Performance TrendsDuring the recent period, management reinforced its commitment to specialist active strategies in real assets, including listed and private real estate, preferred securities, global infrastructure, and natural resource equities

Moreover, According to prior quarter disclosures, 81% of assets under management (AUM) outperformed their benchmarks in Q1, and Long-term performance remained strong, with over 95% of AUM outperforming on a three-, five-, and ten-year basis as of Q1

Nevertheless, The CNS Income Opportunities REIT, a private real estate investment trust, returned 13

However, 4% for the twelve months February, well ahead of the 4. 4 % average for non-traded REIT peers, marking a standout duct performance

Duct innovation advanced with new active ETFs focusing on real estate, preferreds, and natural resources, specifically catering to wealth channel clients such as registered investment advisers (RIAs) and bank platforms

Additionally, Management noted “modest inflows” into these newly launched ETFs but was encouraged by positive momentum in the natural resource equities ETF

However, Open-end fund channels drove firmwide net inflows for the third consecutive quarter as of Q1, and open-end fund gross sales remained in line with historical averages at $12. 8 billion annualized for Q1

However, However, softness in the institutional advisory channel was evident

Net outflows in this segment totaled $108 million in Q1, and the institutional “unfunded pipeline” dropped sharply to $61 million from $531 million in the previous period as of Q1 (fascinating analysis)

On the other hand, Management acknowledged this as a notable risk, attributing it partly to client rebalancing and account terminations, but suggested future imvements as new mandates are secured and asset allocation trends favor real assets

The offshore UCITS (also called CCAV) duct family continued its growth, with six sub-funds and $1, in today's financial world. 2 billion in AUM, recording inflows in 19 of the past 21 quarters (which is quite significant)

Another recent launch was a short-duration preferred stock sub-fund, aiming to offer investors moderate duration and solid credit quality within a $1. 3 trillion investment universe

Furthermore, Competition, particularly for wealth channel flows and institutional mandates, remained intense as industry-wide data showed outflows from many open-end fund

Despite this, Cohen & Steers achieved net inflows in areas global listed infrastructure, and expanded its reach among model portfolio builders and RIAs, in light of current trends

Additionally, Management stated that duct differentiation and strong investment performance continued to drive market gains in target strategies

Outlook and What to WatchLooking forward, management reiterated its priority to invest in distribution, focusing especially on the wealth channel and multifamily offices

Planned new hires in these areas remain subject to macro conditions, with leadership adopting a cautious apach to additional expansion until the market outlook becomes er, in light of current trends

Additionally, Company resources will continue to target both organic duct development and potential partnerships or acquisitions, especially in strategies or vehicles that expand the addressable client base

Moreover, No explicit financial guidance was vided for the upcoming periods (an important development)

However, Revenue and net income presented using U

Furthermore, Additionally, Generally accepted accounting principles (GAAP) unless otherwise noted

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