Cohen [profile] is embracing real assets.

The firm has just hired away Vince Childers from AllianceBernstein[profile] as PM and real asset strategist.

In this newly created role, Childers will lead the research and investment team responsible for Cohen & Steers' Real Assets Strategy group, which allocates among commodities, natural resource equities, infrastructure and global real estate investments. He will also be a portfolio manager for the Cohen & Steers Real Assets Fund (RAPIX), which was launched in 2012.

While at AllianceBernstein, he co-managed $2.3 billion in real assets investment strategies, including the AllianceBernstein Real Asset Strategy Fund.

"We have invested the resources to be the leader in real assets investing because we are confident that the asset class will expand rapidly," stated Robert Steers, co-chairman and co-chief executive officer of Cohen & Steers. "Very few managers can offer our deep expertise and thought leadership across such a broad range of real asset categories and we are delighted to be adding an investment professional of Vince's caliber to the team."

Here is the press release:

---

Company Press Release

Cohen & Steers Announces Addition of Real Assets Strategist and Portfolio Manager Vince Childers

NEW YORK, Aug. 13, 2013 -- Cohen & Steers, Inc. announces that Vince Childers, CFA, has joined Cohen & Steers, effective August 12, 2013, to lead the firm's real assets investment strategies.

Mr. Childers joins Cohen & Steers from AllianceBernstein where he co-managed $2.3 billion in real assets investment strategies, including the AllianceBernstein Real Asset Strategy Fund.

In this newly created role, Mr. Childers will lead the research and investment team responsible for Cohen & Steers' Real Assets Strategy, which allocates among commodities, natural resource equities, infrastructure and global real estate investments. Mr. Childers will be a portfolio manager for the Cohen & Steers Real Assets Fund (symbol:RAPIX), which launched in 2012 to provide a turnkey, multi-strategy solution for investors seeking an actively managed real assets portfolio.

The addition of Mr. Childers adds to the ongoing commitment of Cohen & Steers to deliver real assets solutions. "We have invested the resources to be the leader in real assets investing because we are confident that the asset class will expand rapidly," said Robert Steers, co-chairman and co-chief executive officer of Cohen & Steers. "Very few managers can offer our deep expertise and thought leadership across such a broad range of real asset categories and we are delighted to be adding an investment professional of Vince's caliber to the team."

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.

 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE