Institutional Investor: How the end of rate hikes could set the stage for preferred securities

William Scapell, CFA

Head of Fixed Income and Preferred Securities

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1 minute read

January 2023

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Preferreds have delivered double-digit returns in six out of seven years following a negative total return, according to Cohen & Steers.

The following article was published by Institutional Investor and is made available here with permission.

ABOUT THE AUTHORS
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William Scapell, CFA, Executive Vice President, is Head of Fixed Income and Preferred Securities and a senior portfolio manager for the firm’s preferred securities portfolios.

FURTHER READING

Unlocking value: What end of rate hikes may mean for preferreds

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Preferred securities have characteristics that can potentially help mitigate the effects of rising interest rates.

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