Cohen & Steers’ Strategic Expansion into the ETF Marketplace: New Leadership Appointments
NEW YORK, Feb. 11, 2025 – Cohen & Steers, Inc. (CNS), a leading global investment manager, is making significant strides in the Exchange-Traded Fund (ETF) marketplace with the appointment of two new executives:
Griffin Frank: Head of ETF Capital Markets
Griffin Frank, an accomplished industry veteran, has joined Cohen & Steers as Head of ETF Capital Markets. With over 15 years of experience in capital markets, Frank will lead the firm’s efforts in trading, market making, and liquidity management for its ETFs. Prior to joining Cohen & Steers, Frank held senior roles at various financial institutions, including BlackRock and Invesco.
Alexander Berg: Head of ETF Sales
Alexander Berg, an experienced sales executive, has been appointed as Head of ETF Sales for Cohen & Steers. Berg brings over a decade of sales and distribution expertise in the financial industry to the firm. In his new role, he will be responsible for driving the growth and distribution of Cohen & Steers’ ETF offerings. Previously, Berg held key sales positions at Vanguard and iShares.
Three Fully Transparent Active ETFs
These appointments come on the heels of Cohen & Steers’ launch of three fully transparent Active ETFs. The real estate ETF, Cohen & Steers REIT and Preferred Income Strategy ETF (CPRE), offers investors exposure to a diversified portfolio of real estate securities and preferred stocks. The second ETF, Cohen & Steers Preferred Securities and Income Strategy ETF (CPF), targets high-yield preferred securities. The third ETF, Cohen & Steers Natural Resources Equity and Income Strategy ETF (CNRE), provides exposure to the natural resources sector, focusing on companies in the energy, agriculture, and mining industries.
Impact on Individuals
For individual investors:, these appointments and new ETFs could lead to increased competition in the ETF marketplace, potentially resulting in lower fees, better liquidity, and more diverse investment options. Additionally, the appointment of experienced executives like Frank and Berg may instill confidence in investors, as they bring a wealth of knowledge and expertise to their respective roles.
Impact on the World
On a global scale:, Cohen & Steers’ expansion into the ETF marketplace could have far-reaching implications. With a larger presence in this rapidly growing market, the firm may attract more assets under management, potentially leading to increased liquidity and better pricing for ETF investors worldwide. Additionally, the addition of experienced executives like Frank and Berg could set a new standard for ETF providers, pushing the industry to innovate and improve its offerings.
Conclusion
Cohen & Steers’ strategic expansion into the ETF marketplace is a clear indication of the firm’s commitment to staying at the forefront of the investment management industry. With the appointment of Griffin Frank as Head of ETF Capital Markets and Alexander Berg as Head of ETF Sales, and the launch of three fully transparent Active ETFs, Cohen & Steers is well-positioned to compete in this dynamic market. This development could lead to increased competition, lower fees, and more diverse investment options for individual investors, while also having far-reaching implications for the global investment landscape.
- Cohen & Steers appoints Griffin Frank as Head of ETF Capital Markets and Alexander Berg as Head of ETF Sales
- Firm launches three fully transparent Active ETFs
- Appointments and new ETFs could lead to increased competition, lower fees, and more diverse investment options for individual investors
- Global implications include increased liquidity and better pricing for ETF investors worldwide
