(To read more on the debt and equity markets, click here.)
NEW YORK CITY-Locally based Cohen & Steers is looking to the Australian market. The firm has launched two new global Listed Property funds that will be available for Australian investors starting Feb. 28.
The first--Cohen & Steers Global (ex-Australia) LP Fund--will exclude Australian real estate equity securities from its portfolio and will invest in a portfolio of property securities listed on world stock exchanges. The second fund, called Cohen & Steers Global LP Fund--will invest in the same, but will include an allocation to Australia.
Both will be registered with the ASIC and will also be hedged back to the Australian dollar. David Oakes, senior vice president, will serve as Cohen & Steers' global coordinator as well as an analyst for the Australian LP market.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
