This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cohen & Steers Announces Expansion Into Commodities Investment Management

NEW YORK, April 3, 2013 /PRNewswire/ -- Cohen & Steers, Inc. announced the addition of a leading commodities research and investment team to its New York headquarters. The four-member commodities team will join the firm effective Monday, April 8 to further expand Cohen & Steers' capabilities in real assets investing.

"The expansion of our capabilities in commodities speaks to Cohen & Steers' long-term commitment to investment leadership in real assets strategies," said Martin Cohen, co-chairman and co-chief executive officer of Cohen & Steers. "Along with our market-leading real estate and listed infrastructure capabilities, we believe commodities are an important component of well-diversified investment portfolios."

Nick Koutsoftas, senior vice president and portfolio manager will co-lead the firm's commodities team. Mr. Koutsoftas was previously senior vice president and co-portfolio manager at GE Asset Management ("GEAM"), as head of the Active Commodities strategy since its 2006 inception. He joined GEAM in 1999 and began his career at GE in 1995.

Ben Ross, senior vice president and portfolio manager will co-lead the commodities team with Mr. Koutsoftas. Previously at GEAM, Mr. Ross was co-portfolio manager with Mr. Koutsoftas of the GE Active Commodities strategy since inception. Earlier, Mr. Ross was a Senior Trader at GEAM, leading the international equity trading desk. Before joining GE in 1996, he worked at State Street Bank & Trust.

Brad Sanderson joins Cohen & Steers as a research analyst covering commodities. Previously he was a research analyst with GEAM. Prior to that Mr. Sanderson held research and investment banking roles with RBC Capital Markets, Longbow Research and KeyBanc Capital Markets.

Michelle Butler joins Cohen & Steers as vice president and portfolio specialist. Michelle's deep knowledge of the commodities markets and the investment process enables her to serve as an important member of the commodities team with a focus on business development and client service.  Prior to her 14 years with GEAM, she was with Bank of New York and UBS.

"The addition of this team comes at a time when secular trends in real asset classes are driving some of the most exciting opportunities in the marketplace," said Robert Steers, co-chairman and co-chief executive officer of Cohen & Steers. "We are fortunate to be joined by four professionals of this caliber and experience. Their expertise, demonstrated by their long and successful track record using a fundamental approach, will enable us to offer world-class commodities futures strategies to investors."

More information is available at

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.21 -1.00%
FB $118.09 0.56%
GOOG $696.15 0.55%
TSLA $222.39 -4.30%
YHOO $36.00 -0.03%


Chart of I:DJI
DOW 17,653.49 -97.42 -0.55%
S&P 500 2,051.82 -11.55 -0.56%
NASDAQ 4,728.7270 -34.4970 -0.72%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs