Cohen & Steers Announces Changes to Realty Indexes
Cohen & Steers (NYSE: CNS) has announced upcoming changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective February 21, 2025.
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Cohen & Steers (NYSE: CNS) has announced upcoming changes to its Global Realty Majors Portfolio Index (GRM) and International Realty Majors Portfolio Index (IRP), effective February 21, 2025. The key modification involves replacing CK Asset Holdings (1113.HK) with Hongkong Land Holdings (HKL.SP) in both indexes.
These indexes are free-float adjusted, modified market capitalization-weighted total return indexes that track selected real estate equity securities. They are quoted intraday on a real-time basis by the Chicago Mercantile Exchange. The indexes utilize a modified capitalization-weighted approach and qualitative screening process to identify leading companies in global real estate securitization. All index weightings are independently calculated by Standard & Poor's.
Details
News Market Reaction – CNS
The recorded move for CNS in the trading session of this news was +1.40%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Cohen & Steers Global Realty Majors Portfolio Index (GRM) | |
Added component (symbol) | Removed component (symbol) |
Hongkong Land Holdings Ltd. (HKL.SP) | CK Asset Holdings Ltd. (1113.HK) |
Cohen & Steers International Realty Majors Portfolio Index (IRP) | |
Added component (symbol) | Removed component (symbol) |
Hongkong Land Holdings Ltd. (HKL.SP) | CK Asset Holdings Ltd. (1113.HK) |
These free-float adjusted, modified market capitalization-weighted total return indexes of selected real estate equity securities are quoted intraday on a real-time basis by the Chicago Mercantile Exchange. The Indexes' modified capitalization-weighted approach and qualitative screening process emphasize companies that Cohen & Steers believes are leading the securitization of real estate globally.
The Indexes can be used as indexing benchmarks, stock selection universes, underlying indexes for derivative instruments or performance benchmarks. All index weightings are independently calculated by Standard & Poor's.
Website: https://www.cohenandsteers.com/
Symbol: (NYSE: CNS)
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in
View original content:https://www.prnewswire.com/news-releases/cohen--steers-announces-changes-to-realty-indexes-302377331.html
SOURCE Cohen & Steers, Inc.
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