CNS AR22 Digital - Flipbook - Page 12
Notably, our real assets multi-strategy mutual
fund had $616 million in net inflows in 2022,
validating the decision over 10 years ago to
launch a strategy designed to provide attractive
returns with inflation sensitivity. The multistrategy team continues to grow, and we are
adding more capabilities for customized client
solutions, such as vehicles for the retirement
market that will tailor allocations based on
investors’ risk and return profiles.
Rate-hiking cycles in developed economies are
advanced and are likely coming to an end, setting
the stage for potentially strong total returns in
fixed income markets.
Preferred securities typically have strong
performance following rate-hiking cycles, and we
believe they are attractive at current levels after
recent repricing. Investors will need to navigate
credit risks as the economy goes through
challenges associated with the economic
downturn and potential liquidity events.
A history of innovation
Cohen & Steers is well positioned to help
investors navigate change through the firm’s
strategies and advisory capabilities. We continue
to invest to capitalize on the opportunities
change creates for Cohen & Steers’ clients,
shareholders and employees.
Distribution is expanding with new leadership
of both the U.S. Wealth Management Consulting
Group and the Japan office. We are expanding
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COHEN & STEERS | 2022 ANNUAL REPORT
sales capabilities in Asia to support emerging
demand across institutional and wealth channels.
We added new institutional clients in Malaysia,
Korea and Namibia in 2022. The firm’s Asia
ex-Japan presence will grow beyond Hong Kong
with the opening of an office in Singapore, a
market that has become a regional growth hub
for wealth management.
Enhancing our culture
Continued investment in people will support the
firm’s strategic priorities.
Eighty-one new employees were hired in 2022,
of which 40% were new roles to support growth.
For the second consecutive year, over 60% of
new hires were diverse. Pensions & Investments
recognized Cohen & Steers as one of the “Best
Places to Work in Money Management” for the
third consecutive year. We hired a new chief
human resources officer who will execute
strategies that help us attract, develop, engage,
and retain great talent.
The firm’s diversity & inclusion strategy was
advanced through the creation of a new
employee resource group, the Diversity Alliance.
The Diversity Alliance promotes cultural
awareness and inclusion through dedicated
forums in which employees are encouraged to
share their perspectives and experiences. A
formal partnership was launched with Girls Who
Invest, a nonprofit organization whose goal is to
have 30% of the world’s investable capital
