Cohen & Steers Renames Its UCITS Preferred Securities Strategies to Hybrid Credit Strategies
Cohen & Steers, Inc. (NYSE: CNS) has renamed two of its SICAV funds to better align with market definitions of the types of securities they invest in. The changes do not affect the funds' investment strategies but reflect investor expectations and customer feedback regarding hybrid credit strategies. The renaming aims to clarify the investable universe of the funds.