NEW YORK, Aug. 1, 2014 /PRNewswire/ -- Cohen &
Steers, Inc. (NYSE: CNS) announced today a pending change to its
Global Realty Majors Portfolio Index (GRM) effective at the close
of business on August 15, 2014.
Component
change:
|
Deletion
|
Index
Name:
|
Cohen & Steers
Global Realty Majors Portfolio Index
|
Index
Symbol:
|
GRM
|
Calculation
method:
|
Free-Float Adjusted
Modified Market Capitalization Weighted Index
|
|
|
Deleted component
symbol:
|
1109 HK
|
Deleted component
name:
|
China Resources Land
Ltd.
|
|
|
The Global Realty Majors Portfolio Index is a free-float
adjusted, modified market-cap-weighted total return index of
selected real estate equity securities. It is quoted intraday on a
real-time basis by the Chicago Mercantile Exchange under the symbol
GRM. The index's free-float market capitalization approach and
qualitative screening process emphasize companies that the Cohen
& Steers Index Committee believes are leading the
securitization of real estate globally.
GRM can be used as an indexing benchmark, stock selection
universe, underlying index for derivative instruments or
performance benchmark. All index weightings are independently
calculated by Standard & Poor's.
More information is available at cohenandsteers.com.
//Website: http://cohenandsteers.com/
Symbol: NYSE: CNS
About Cohen & Steers. Founded in 1986, Cohen &
Steers is a leading global investment manager with a long history
of innovation and a focus on real assets, including real estate,
infrastructure and commodities. Headquartered in New York City, with offices in London, Hong
Kong, Tokyo and
Seattle, Cohen & Steers serves
institutional and individual investors around the world.
SOURCE Cohen & Steers, Inc.; Global Realty Majors Portfolio
Index