Cohen & Steers announces the Future of Energy Strategy

Source: www.gulfoilandgas.com 4/2/2024, Location: North America

Cohen & Steers, Inc. (NYSE: CNS) announced today the launch of the Cohen & Steers Future of Energy Strategy, focused on providing a dynamic allocation to both traditional and alternative energy.

Significant growth in demand, government policy initiatives and changing consumer preferences are forcing the energy industry to evolve dramatically. As a result, the Cohen & Steers MLP & Energy Opportunity Fund (NYSE: MLOIX) has transitioned to the Cohen & Steers Future of Energy Fund (the "Fund"), which will invest in listed traditional and alternative energy companies across the energy spectrum. The Cohen & Steers Future of Energy strategy represents the evolution of the energy sector and the roles that both traditional and alternative energy must play in satisfying growing demand.

Tyler Rosenlicht, Portfolio Manager, said:

"We believe a dynamic, actively managed portfolio with investments that span the full energy investment universe should provide investors with a superior allocation to the sector. Our strategy is grounded in a fundamental view on how the industry will evolve and driven by allocations between traditional and alternative energy as well as alpha from stock selection amidst secular change."

Joseph Harvey, Chief Executive Officer and President, said:

"We think there are significant flaws in existing energy strategies, which often limit investments to either traditional or alternative energy and result in highly concentrated and volatile portfolios. As such, we see an opportunity to redefine the energy fund landscape by offering financial advisors and their clients a diversified approach in the Cohen & Steers Future of Energy Strategy."

The Fund's investment objective is to provide attractive total return, comprised of income and price appreciation. The Fund seeks to achieve its investment objective by investing at least 80% of its net assets in equity securities of energy companies, including traditional, alternative, renewable and clean energy companies, natural resource companies, utilities and companies in associated businesses.

The Fund continues to be managed by portfolio managers Tyler Rosenlicht and Ben Morton and is supported by a team of 10 investment professionals who specialize in covering the energy sector across listed infrastructure, natural resource equities and sustainable investments.


Ukraine >>  4/12/2024 - Europe is emerging from its second winter since Russia's illegal invasion of Ukraine. Despite many fears, we have emerged stronger than before, with g...
United Arab Emirates >>  4/3/2024 - Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, is gearing up to host the World Future Energy Summit (WFES). Taking ...

United States >>  4/3/2024 - Beam Global, (Nasdaq: BEEM, BEEMW), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportatio...
United States >>  4/3/2024 - Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), an industry-leading adaptive energy services company, announced continued investments and ...

United States >>  4/2/2024 - Cohen & Steers, Inc. (NYSE: CNS) announced today the launch of the Cohen & Steers Future of Energy Strategy, focused on providing a dynamic allocation...
United States >>  4/1/2024 - TXU Energy is changing the energy game with Live Your FreeSM, the first and only plan of its kind that automatically adapts each month to give custome...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.