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Cohen & Steers (FRA:FG9) Other Cash Receipts from Operating Activities


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What is Cohen & Steers Other Cash Receipts from Operating Activities?

Other Cash Receipts from Operating Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Cohen & Steers Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cohen & Steers Inc (FRA:FG9) » Definitions » Other Cash Receipts from Operating Activities
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Address
1166 Avenue of the Americas, 10th Floor, New York, NY, USA, 10036
Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $79.3 billion in managed assets at the end of January 2024. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 42% (27%) of its managed assets (base management fees) from institutional clients, 45% (52%) from open-end funds, and 13% (21%) from closed-end funds.