Cohen & Steers has announced the launch of its Cohen & Steers Future of Energy Strategy, focused on providing a dynamic allocation to both traditional and alternative energy.
Significant growth in demand, government policy initiatives and changing consumer preferences are forcing the energy industry to evolve dramatically. As a result, the Cohen & Steers MLP & Energy Opportunity Fund has transitioned to the Cohen & Steers Future of Energy Fund, which will invest in listed traditional and alternative energy companies across the energy spectrum.
The Cohen & Steers Future of Energy strategy represents the evolution of the energy sector and the roles that both traditional and alternative energy must play in satisfying growing demand.
“We think there are significant flaws in existing energy strategies, which often limit investments to either traditional or alternative energy and result in highly concentrated and volatile portfolios,” said