The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Cohen & Steers Launches a Real Assets Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, March 19, 2012

Cohen & Steers Launches a Real Assets Fund

Reported by Armie Margaret Lee

Cohen & Steers [profile] earlier this month broadened its product lineup with the rollout of the Cohen & Steers Real Assets Fund.

"Considering our long history of investing in REITs and infrastructure, it was a natural step for our firm to broaden our real assets focus and bring this timely and unique solution to investors," said co-chairman and co-CEO Robert Steers, in a press release.

Senior PM Yigal D. Jhirad is running the mutual fund, which comes in five share classes.

Expense ratios are 139 basis points for A shares, 204 bps for C shares, 104 bps for I shares, 154 for R shares and 119 bps for Z shares.
Company Press Release

Cohen & Steers Launches Real Assets Fund Focused on Long-term Total Return and Inflation Protection

NEW YORK, March 7, 2012 -- Cohen & Steers today announced the launch of Cohen & Steers Real Assets Fund, which seeks to deliver long-term total return and to maximize real returns during inflationary environments.

Cohen & Steers Real Assets Fund invests primarily in securities backed by core real assets, such as commodities, natural resource equities and REITs. According to president and chief investment officer Joseph M. Harvey, "These groups are all attractive from a fundamental perspective. With values driven by increasing demand, barriers to supply and rising replacement costs, they also have inflation-fighting tendencies, which are the key to maintaining long-term purchasing power."

"The new fund offers an approach that will help investment portfolios overcome the corrosive effects of inflation," said co-chairman and co-CEO, Robert Steers. "Considering our long history of investing in REITs and infrastructure, it was a natural step for our firm to broaden our real assets focus and bring this timely and unique solution to investors."

Cohen & Steers holds the view that changes in the Consumer Price Index (CPI) do not fully measure true economic inflation. For this reason, the Fund is not focused on investments pegged to CPI, like Treasury Inflation Protected Securities. "We believe massive global stimulus and sustained emerging markets growth will ultimately drive prices higher," said Mr. Harvey, "and this will elevate the importance of protecting a portfolio's purchasing power. In our view, it's not too soon to prepare for this outcome with a diversified allocation to real assets." For additional perspective, see Cohen & Steers new whitepaper, The Elements of Investing in Real Assets, which is available on the Firm's website at www.cohenandsteers.com.

The fund is managed by senior portfolio manager Yigal D. Jhirad, who has 24 years of investment experience. Cohen & Steers will oversee the asset allocation and manages the Fund's real estate securities, gold and multi-currency fixed income components. The allocations to commodities and natural resource equities are managed by industry-leading sub-advisers Gresham Investment Management and Investec Asset Management, respectively. According to Mr. Jhirad, "The Fund brings together proven managers with best-in-class research and investment processes. When combined, this specialized expertise offers a unique and disciplined allocation in a professionally managed real assets portfolio."

The fund offers Class A, C, I, R and Z shares to accommodate the needs of different investors. Shares will be available for purchase through financial advisors and other distributors across the country.

More information is available at cohenandsteers.com.

About Cohen & Steers. Founded in 1986, Cohen & Steers is a leading global investment management firm focused on global real estate securities, global listed infrastructure, real assets, large cap value stocks, and preferred securities. The company also manages alternative investment strategies for qualified investors, such as hedged real estate securities portfolios and private real estate multimanager strategies. Headquartered in New York City, with offices in London, Brussels, Hong Kong, Tokyo and Seattle, Cohen & Steers serves institutional and individual investors through a broad range of investment vehicles.

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2022: Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. 2022 ICI Leadership Summit, May 25-26
  2. ALFI Roadshow to New York, May 25
  3. 2022 IDC Fund Directors Workshop, May 26
  4. Irish Funds Annual Global Funds Conference 2022, May 30-31
  5. WealthManagement Edge, May 31 - June 3
  6. MFDF 2022 Fund Governance and Regulatory Insights Conference, Jun 8-9
  7. 28th annual Expect Miracles East Coast Classic, June 9
  8. 2022 Sohn Investment Conference, June 9
  9. IDC webinar - Cybersecurity for Fund Boards: The Current Landscape, June 9
  10. MMI webinar - Driving Business Value with Artificial Intelligence & Data, June 15
  11. MFDF webinar - Key Takeaways From Morningstar's 2021 Annual Fund Fee Study, June 16
  12. MFDF Director Discussion Series - Open Forum (Chicago), June 21
  13. 2022 MMI Emerging Asset Managers Forum, June 23
  14. MFDF In Focus: Capitol Hill, A Conversation with Congressman Bryan Steil, June 28
  15. Financial Planning INVEST, Jun 28-29
  16. MFDF webinar - Differentiating Mutual-Fund-to-ETF Conversions, July 19
  17. MFDF Director Discussion Series - Open Forum (New York), July 20
  18. 2022 MMI Distribution Leadership Forum, Jul 20-21
  19. MFDF webinar - Fund Boards' Oversight of Investment Performance, July 28
  20. MFDF webinar - Performance, Perception and Manager Selection, September 14
  21. 2022 ICI Tax and Accounting Conference, Sep 18-21
  22. 5th annual Expect Miracles Atlantic Coast Classic, October 3
  23. Nicsa Fearless Leadership Symposium, Oct 6-7
  24. 2022 MMI Annual Conference, Oct 19-21
  25. 2022 IDC Fund Directors Conference, Oct 24-26
  26. 18th annual Expect Miracles Wine & Spirits Event, October 27

©All rights reserved to InvestmentWires, Inc. 1997-2022
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use