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Cohen & Steers Looks to Australia

NEW YORK CITY-Cohen & Steers launches two Australian funds. The firm says it is establishing the funds, which will be available starting February 28, in response to customer demand.

By Barbara Jarvie | Updated on February 21, 2006

(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.

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