Core Viewpoint - Cohen & Steers, Inc. is expanding its actively managed exchange-traded funds (ETFs) with the introduction of two new strategies, reflecting a commitment to enhance client portfolio options in today's market [1][2]. Group 1: New ETF Launches - The two new ETFs launched are the Cohen & Steers Infrastructure Opportunities Active ETF (CSIO) and the Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD), which began trading on NYSE Arca [1]. - CSIO focuses on infrastructure companies and aims to capitalize on key growth opportunities such as rising power demand driven by data growth and artificial intelligence [4]. - CSSD is designed to provide tax-efficient income through short-duration preferred securities, emphasizing investment-grade options [4]. Group 2: Market Position and Strategy - Active ETFs are noted as the fastest-growing investment vehicle in the U.S., preferred by wealth managers and clients, indicating a strong market demand for these products [2]. - Cohen & Steers has a long-standing expertise in real assets and alternative income, having been a pioneer in these areas for nearly four decades [2][7]. - The firm now offers five actively managed ETFs that focus on real estate, infrastructure, natural resources, and preferred securities, combining the benefits of active management with lower costs and tax efficiency [2][4]. Group 3: Leadership Insights - The CEO, Joseph Harvey, highlighted that the new ETF launches are a response to increasing investor interest in targeted, actively managed strategies that can generate alpha [3]. - There is a belief that allocations to real assets and preferred securities can yield superior investment outcomes compared to traditional stock-bond portfolios [3].
Cohen & Steers Launches Infrastructure Opportunities and Short Duration Preferred Securities Active ETFs