#USA #New York #J.P. Morgan #Cohen & Steers #Hybrid Credit

Cohen & Steers and J.P. Morgan Team Up for Expansion

In a significant breakthrough for investors, Cohen & Steers, Inc. (NYSE: CNS) has officially announced a strategic partnership with J.P. Morgan. This collaboration aims to broaden access to the Cohen & Steers SICAV Short Duration Hybrid Credit Income Fund, allowing investors outside the United States to leverage this asset through J.P. Morgan's prestigious global wealth management network. This initiative is projected to provide clients with a robust cash alternative that aligns with current market demands.

The Cohen & Steers SICAV Short Duration Hybrid Credit Income Fund is primarily focused on delivering high current income while also emphasizing capital preservation. This is achieved through targeted investments in global hybrid credit securities, with a strategic aim to maintain a weighted average duration of under three years. Hybrid credit securities are known for their potential to offer superior yields in comparison to similarly rated bonds, making them an attractive choice in the current investment climate.

Elaine Zaharis‑Nikas, the Head of Fixed Income Preferred Securities at Cohen & Steers, commented on the partnership by stating, "Hybrid credit continues to stand out as a compelling source of high-quality income, particularly for investors seeking resilience in a shifting rate environment. Our short-duration approach is designed to help investors harvest attractive yields while mitigating interest-rate sensitivity. We are excited to bring this capability to more investors through our partnership with J.P. Morgan."

Adding to this, David Conway, Head of International Wholesale Distribution at Cohen & Steers, expressed his enthusiasm about collaborating with one of the world's leading banks and asset management organizations. He noted that this partnership signifies a broader industry shift towards greater diversification in fixed income portfolio allocations, a trend that is becoming increasingly vital amid fluctuating market conditions.

Cohen & Steers has established itself as a premier global investment manager, specializing in real assets and alternative income. The firm has a diverse offering that includes listed and private real estate, preferred securities, infrastructure, resource equities, and commodities. Founded in 1986 and headquartered in New York City, Cohen & Steers also has a significant international presence with offices in locations like London, Dublin, Hong Kong, Tokyo, and Singapore.

About the Cohen & Steers SICAV Funds: These funds represent sub-funds of Cohen & Steers SICAV, which is recognized as a Luxembourg-domiciled undertaking for collective investment in transferable securities (UCITS). It is important to note that shares of these funds are only marketed in accordance with the current prospectus and may be restricted in specific jurisdictions. Additionally, these funds are not registered under the U.S. Securities Act of 1933 or the U.S. Investment Company Act of 1940, hence they cannot be offered or sold directly or indirectly within the U.S. or to U.S. persons, as detailed in the funds' prospectus.

Prospective investors are advised to consult the available prospectus for essential information, including risk considerations, potential loss of capital, and applicable fees and expenses. It is crucial to assess the potential risks associated with this investment strategy, which may include credit and market risks, foreign security risk, and liquidity risk. Understanding these factors will be integral for investors looking to maximize their returns while navigating the complexities of today's financial landscape.

In conclusion, as Cohen & Steers joins forces with J.P. Morgan, the collaboration stands to offer enhanced investment opportunities to a broader audience. With innovation at the helm of this partnership, both firms aim to solidify their positions as leaders in the investment management sector, guiding investors towards sustainable returns in an ever-evolving market.