Cohen & Steers Inc.

Name

Cohen & Steers Inc.

Legal name

Cohen & Steers, Inc.

Website

https://cohenandsteers.com

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Real Asset Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Assets — Real Asset Fund Platforms / Multi-Asset Real Assets (Diversified Real Assets Funds) (FSAHAIAM)

akta.pro secondary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Real asset investment management
• Listed real estate securities
• Alternative income funds
• Preferred securities investing
• Global listed infrastructure

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Investment Management Fees: Management fees charged as percentage of assets under management across institutional accounts, open-end funds, closed-end funds, and ETFs. Revenue correlates directly with AUM levels. Q1 2026 revenue of $145.6 million, up 8.3% YoY.
2. Advisory Fees: Advisory fees from separately managed accounts and sub-advisory relationships. Unfunded pipeline of $1.7 billion supporting future revenue growth.

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels8 records

Core offering

Cohen & Steers is a global specialist investment manager that builds and manages actively managed portfolios of real assets — listed real estate securities, global listed infrastructure, preferred securities, natural resource equities, and real assets multi-strategy solutions — delivered through closed-end funds, mutual funds, active ETFs, SICAVs, and separately managed accounts. The firm manages approximately $99.5 billion in assets under management for institutional investors, retirement plans, wealth platforms, and financial advisors across the U.S., Europe, and Asia Pacific.

Product overview

Cohen & Steers is a global investment manager specializing in real assets and alternative income. The company offers a comprehensive suite of investment vehicles organized across multiple product lines: (1) Actively managed ETFs including Real Estate Active ETF (CSRE), Infrastructure Opportunities Active ETF (CSIO), Natural Resources Active ETF (CSNR), Future of Energy Active ETF (CSEN), Preferred and Income Opportunities Active ETF (CSPF), and Short Duration Preferred and Income Active ETF (CSSD); (2) Closed-End Funds including Quality Income Realty Fund (RQI), REIT and Preferred and Income Fund (RNP), Infrastructure Fund (UTF), Total Return Realty Fund (RFI), and Closed-End Opportunity Fund (FOF); (3) Mutual Funds and strategies across listed real estate, private real estate, global listed infrastructure, preferred securities, real assets multi-strategy, natural resource equities, and future of energy; and (4) Separately Managed Accounts (SMAs) providing institutional clients with customized portfolio management. The product ecosystem is unified by Cohen & Steers' specialization in real assets (real estate, infrastructure, commodities, natural resources) and alternative income solutions, with products available across institutional and wealth distribution channels.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Active ETF (CSRE)

Quantifiable outcome

• 86% of AUM outperformed benchmarks on one-year basis; 97%+ outperformance over 3- and 5-year periods
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Scotia Global Asset ManagementcoreChannel Partner/ Reseller/ Distributor · 11 June 2026Cohen & Steers appointed as sub-adviser for Scotia Wealth Global Real Estate Pool, effective on or around June 25, 2026. The investment objectives of the fund remain unchanged as a result of this appointment.
• Phillips Edison & Company (PECO)coreStrategic or Co-development Partner · 2 June 2026Programmatic joint venture with Phillips Edison & Company for acquisition of necessity-driven retail assets. CNSREIT acquired Oracle Crossings, a 266,000-square-foot grocery-anchored shopping center in Oro Valley, Tucson, Arizona through this JV. The property is 96% leased and anchored by Sprouts Farmers Market and HomeGoods.
• J.P. MorgancoreChannel Partner/ Reseller/ Distributor · 21 May 2026Strategic partnership with J.P. Morgan to distribute the Cohen & Steers SICAV Short Duration Hybrid Credit & Income Fund to investors outside the United States through J.P. Morgan's global wealth management platform. The fund targets high current income and capital preservation through global hybrid credit securities with weighted average duration under three years.
• Sterling OrganizationcoreStrategic or Co-development Partner · 13 May 2026Joint venture with Sterling Organization for acquisition of Winslow Bay Commons, a 268,000-square-foot shopping center in Mooresville, North Carolina. The property is 97% leased and shadow-anchored by Target, housing national retailers including T.J. Maxx, HomeGoods, Dick's Sporting Goods, and Ross Dress for Less.
• DBS BankcoreChannel Partner/ Reseller/ Distributor · 9 October 2025Collaboration with DBS Bank in Singapore to offer access to the Cohen & Steers Diversified Real Assets Fund, which invests across real estate, natural resources, infrastructure, and commodities. The fund aims to provide inflation protection and portfolio resilience amidst rising volatility and geopolitical uncertainties.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• CenterSquare Investment Management: Pure-play listed real estate securities manager focused on small-, mid-, and large-cap REIT portfolios. Closest direct competitor to Cohen & Steers's core listed real estate franchise, serving institutional and wealth clients with comparable strategy offerings.
• Brookfield Public Securities Group: Subsidiary of Brookfield Asset Management offering listed real estate, infrastructure, and real-asset equity strategies to institutional clients. Competes head-to-head with Cohen & Steers in listed infrastructure and global real estate securities mandates.
• Nuveen Real Estate: TIAA-owned real estate investment manager offering both debt and equity strategies including listed REIT portfolios. Competes with Cohen & Steers in institutional real estate securities and listed infrastructure mandates.
• Heitman: Independent real estate investment manager with both private and listed REIT strategies and global institutional client base. Direct competitor in real estate securities for institutional and wealth channels.
• Principal Real Estate Investors: Real estate investment arm of Principal Financial Group managing both private and listed REIT strategies for institutional and retirement clients. Competes with Cohen & Steers on real estate securities within DC plans and institutional accounts.
• PGIM Real Estate: Real estate investment business of Prudential's PGIM, offering listed real estate securities and private real estate strategies. Competes with Cohen & Steers in institutional real-asset mandates and global real estate securities portfolios.
• CBRE Investment Management: Global real assets investment manager (formerly CBRE Global Investors) offering listed and private real estate, infrastructure, and real-asset strategies. Direct competitor in institutional real estate securities and infrastructure equity.
• Clarion Partners: Real estate investment manager owned by Franklin Templeton, offering both listed REIT and private real estate strategies. Competes with Cohen & Steers in listed real estate securities and private real estate JVs.
• Invesco Real Estate: Real estate investment arm of Invesco, managing listed REIT portfolios and ETFs as well as private real estate. Competes with Cohen & Steers in real estate securities ETFs and institutional REIT mandates.

Broad incumbents

• BlackRock (iShares): Largest global asset manager offering scaled iShares real-asset ETFs (e.g., iShares Global Infrastructure, US Real Estate) that compete directly with CNS's active ETF suite on price and distribution. Sets the floor on fee compression in listed real-asset wrappers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCdlaNkcm5dcva7nkenPf_-A/featured
• LinkedInlinkedin.com/company/cohen-&-steers

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cohen & Steers Inc.