The Cohen & Steers Realty Majors Portfolio Index offers what we believe is a superior approach to capturing the U.S. REIT market, providing a liquid, diverse representation of companies leading the real estate industry.
- Applications
With weightings similar to those an actual investor would use, Cohen & Steers Realty Majors Portfolio Index (RMP) can be used to index assets, as a selection universe, as an underlying index for derivative instruments or a performance benchmark. - Investment thesis
Composed of REITs that we believe are dominant in their respective property sectors, RMP is a unique, modified cap- weighted total return index of companies that is designed to mirror the dynamic changes taking place in the REIT market. - Competitive advantages
RMP is composed of REITs that we believe are best positioned to lead or benefit the most from the securitization of the U.S. real estate industry. Stocks included in the index are also significantly more liquid than those in other REIT indexes.
ABOUT THE AUTHORS
Alec Overby, CFA, Vice President, is a real estate securities senior research analyst covering the office and regional mall sectors.
Adam Derechin, CFA, Chief Operating Officer, is responsible for Cohen & Steers’ investment administration and information technology departments, as well as all global corporate facilities.
FURTHER READING
Plan asset diversification: Why real estate
Low correlations to stocks and bonds and other investment features can make REITs a prudent investment alternative for defined contribution plans.
The Real Estate Reel: Three data points actually driving real estate investing today
Welcome to The Real Estate Reel from Cohen & Steers where we provide three insights on real estate investing in three minutes each month.
Recent CRE transactions signal listed REIT strength
Listed REITs are now in a position to provide liquidity to the broader commercial real estate market.
The Cohen & Steers Realty Majors Portfolio Index is the exclusive property of Cohen & Steers Capital Management, Inc.
Cohen & Steers Capital Management, Inc. has contracted with Standard & Poor’s to maintain and calculate the index. S&P shall have no liability for any errors or omissions in calculating the index.
While the Cohen & Steers Realty Majors Portfolio Index is believed by Cohen & Steers Capital Management, Inc. to consist of the REITs that are best positioned to capitalize on future changes in the real estate industry, there is of course no guarantee that this result will occur. Further, while the component REITs in the Cohen & Steers Realty Majors Portfolio Index are selected because they offer better liquidity than those included in broader REIT indexes, there is no guarantee that this will continue to be the case in the future. The Cohen & Steers Realty Majors Portfolio Index is not a guarantee of a successful investment program.
About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong and Tokyo.