NEW
YORK, Jan. 10, 2024 /PRNewswire/ -- Cohen &
Steers, Inc. (NYSE: CNS) announced today the launch of the Real
Assets Compass™, an interactive tool focused on real estate
allocations designed to help financial advisors and institutional
investors improve portfolio risk-return profiles. Using the firm's
Capital Market Assumptions for the next 10 years and 30 years
of historical data, the Real Assets Compass™ ("the Compass")
compares historical and expected returns and volatility of
traditional portfolios of only stocks and bonds with those of a
more diversified portfolio of stocks, bonds and listed and private
real estate.
Cohen & Steers believes that many investors are
under-allocated to real estate despite the well-documented benefits
of the asset class, including its strong performance and potential
to enhance risk-adjusted returns. These investors include those
across a range of profiles, from self-directed investors to those
investing with financial advisors or family offices.
Cohen & Steers' analysis, utilized in the Real Assets
Compass™, suggests that adding real estate to an investor's
portfolio of stocks and bonds can improve its total return and
risk-reward profile. The Compass can help advisors demonstrate the
impacts of adding real estate to a portfolio and address client
questions about allocating to real estate. The potential benefits
of a real estate allocation apply to an array of investor styles,
ranging from those more conservative seeking income or lower risk
to those seeking growth or higher returns.
Joe Harvey, Chief Executive
Officer & President, said:
"The Real Assets Compass™ is the latest example of Cohen
& Steers' commitment to innovation and providing advisors with
the tools necessary to build better portfolios and educate clients
around the benefits of private and listed real estate
allocations."
The Cohen & Steers Real Assets Compass™ will enable
financial advisors to:
- Build customized investment profiles based on general risk
tolerance, investment objective and portfolio size
- View a portfolio allocation with both listed and private real
estate based on that profile
- Adjust the total real estate allocation and the mix between
listed and private real estate
- Forecast the impact of an allocation to real estate on the
risk/return profile of a portfolio through a clear comparison to a
traditional stock/bond portfolio
- View resulting 10-year expected portfolio growth in dollars and
quantitative performance and risk metrics, as well as the
past-30-year return profile
- Download easy-to-understand reports to review with clients
Jon Cheigh, Chief Investment
Officer, said:
"We believe real estate should be a
strategic, long-term allocation for most investors. Yet too few
investors recognize that allocations to real estate can deliver
strong absolute and relative returns at lower risk. As a result, we
created our Real Estate Advisory Services, which aim to help
institutional clients allocate to listed and private real estate
based on where we are in the market cycle. These capabilities,
along with the Real Assets Compass™, will play an instrumental role
in Cohen & Steers' work to close the education gap that exists
in investors' understanding of the power of real estate
allocations."
The launch of the Real Assets Compass™ follows the
appointments of Rich Hill as Head of
Real Estate Strategy and Research in September 2022 and Jeff
Palma as Head of Multi-Asset Solutions in November 2021, to grow Cohen & Steers'
portfolio allocation and research capabilities. The Compass tool
can be used by institutional investors in conjunction with the
portfolio allocation and real estate strategy insights produced by
the firm.
Financial advisors and other investment professionals can find
more information on the methodology and access the Real Assets
Compass™ at cohenandsteers.com/real-assets-compass.
About Cohen & Steers. Cohen & Steers is a leading
global investment manager specializing in real assets and
alternative income, including real estate, preferred securities,
infrastructure, resource equities, commodities, as well as
multi-strategy solutions. Founded in 1986, the firm is
headquartered in New York City,
with offices in London,
Dublin, Hong Kong, Tokyo and Singapore.
Methodology
The methodology of the Real Assets
Compass™ is driven by asset allocation principles designed to meet
risk-return objectives while considering investor preference for
capital appreciation vs income generation. Inputs to these
expectations include return, volatility and correlation across
asset classes to generate outcomes that allow for diversification
across multiple asset classes. Expectations for fundamental
variables such as growth, inflation and interest rates are also
factored in as further inputs.
The intent of the Real Assets Compass™ is not to predict or
project future returns of any investment, asset class or portfolio.
Instead, the purpose of the tool is to help understand how the
addition of real estate investments to a portfolio of other
investments might impact the returns of that portfolio, based on a
number of assumptions and expectations, which may be incorrect,
potentially materially so, and are subject to change without
notice. The Real Assets Compass™ is provided as an educational tool
for institutional investors, and is not intended to be and should
not be relied upon as a recommendation to invest in any specific
security or asset class or to adopt any investment strategy or as
the primary basis for any investment decisions.
Forward-Looking Statements
This press release and
other statements that Cohen & Steers may make may contain
forward looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which reflect the
Company's current views with respect to, among other things, the
Company's operations and financial performance. You can identify
these forward-looking statements by the use of words such as
"outlook," "believes," "expects," "potential," "may," "will,"
"should," "seeks," "predicts," "intends," "plans," "estimates,"
"anticipates" or the negative versions of these words or other
comparable words. Such forward-looking statements are subject to
various risks and uncertainties. Accordingly, there are or will be
important factors that could cause actual outcomes or results to
differ materially from those indicated in these forward-looking
statements. The Company undertakes no obligation to publicly update
or review any forward-looking statement, whether as a result of new
information, future developments or otherwise.
Website: https://www.cohenandsteers.com
Symbols: NYSE: CNS
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SOURCE Cohen & Steers, Inc.