Colony Capital Launches Quantitative REIT Investment Strategy
March 18, 2019 at 7:00 AM EDT
Colony Capital Fundamental US Real Estate Index licensed by
DoubleLine Capital
Colony Index to be part of the Barclays Index platform
LOS ANGELES--(BUSINESS WIRE)--Mar. 18, 2019--
Colony Capital, Inc. (NYSE: CLNY) (“Colony Capital” or the “Company”), a
leading global investment management firm, has launched the Colony
Capital Fundamental US Real Estate Index (“the Index”).
The Index is a rules-based (smart-beta) strategy which invests in the
common stocks of real estate investment trusts (REITs). The Index
implements fundamental real estate investing principles drawn from
Colony Capital’s 27 years of managing real estate investments for
institutional investors, with a focus on risk mitigation.
Bill Hughes, Portfolio Manager and Head of Liquid Strategies, Colony
Capital, said, “The Index offers investors a differentiated approach to
investing in liquid real estate securities, based on Colony’s core
investing tenet—quality real estate assets, financed conservatively,
will outperform over time.”
Colony Capital has partnered with Barclays Bank PLC to structure the
Index and Barclays Index Administration performs the role of index
sponsor, owner and administrator.
Additionally, during the fourth quarter 2018, the DoubleLine Colony Real
Estate and Income Fund ("the Fund") was launched. The Fund is an
open-end mutual fund that provides exposure to the Colony Capital
Fundamental US Real Estate Index, and invests in a fixed income
portfolio managed by DoubleLine Capital. The Fund seeks total return
(capital appreciation and current income) in excess of its benchmark,
the Dow Jones U.S. Select REIT Index, over a full market cycle.
Mr. Hughes added, “We are excited to be able to align with a world class
investment management firm like DoubleLine Capital and to be a part of
Barclays’ industry-leading index platform.”
About the Colony Capital Fundamental US Real Estate Index
Colony Capital, Inc. (NYSE: CLNY), a leading global investment
management firm, developed the algorithm used by the Colony Capital
Fundamental US Real Estate Index. The Index uses proprietary criteria to
select a portfolio of US real estate investment trusts (REITs) designed
to outperform market benchmarks by eliminating the riskiest REITs and
concentrating in higher quality assets. For additional information about
the Index, please refer to www.clny.com/index-fund.
About Colony Capital
Colony Capital, Inc. (NYSE: CLNY) is a leading global investment
management firm with assets under management of $43 billion. The Company
manages capital on behalf of its stockholders, as well as institutional
and retail investors in private funds, traded and non-traded real estate
investment trusts and registered investment companies. The Company has
significant holdings in: (a) the healthcare, industrial and hospitality
property sectors; (b) Colony Credit Real Estate, Inc. (NYSE: CLNC) and
NorthStar Realty Europe Corp. (NYSE: NRE), which are both externally
managed by subsidiaries of the Company; and (c) various other equity and
debt investments. The Company is headquartered in Los Angeles with key
offices in New York, Paris and London, and has over 400 employees across
17 locations in ten countries. For additional information regarding the
Company and its management and business, please refer to www.clny.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain forward-looking statements within the
meaning of the federal securities laws. Forward-looking statements
relate to expectations, beliefs, projections, future plans and
strategies, anticipated events or trends and similar expressions
concerning matters that are not historical facts. In some cases, you can
identify forward-looking statements by the use of forward-looking
terminology such as “may,” “will,” “should,” “expects,” “intends,”
“plans,” “anticipates,” “believes,” “estimates,” “predicts,” or
“potential” or the negative of these words and phrases or similar words
or phrases which are predictions of or indicate future events or trends
and which do not relate solely to historical matters. Forward-looking
statements involve known and unknown risks, uncertainties, assumptions
and contingencies, many of which are beyond our control, and may cause
actual results to differ significantly from those expressed in any
forward-looking statement. Factors that might cause such a difference
include, without limitation, the performance of the Colony Capital
Fundamental US Real Estate Index and the Fund; and the ability of the
Colony Capital Fundamental US Real Estate Index to outperform market
benchmarks by eliminating the riskiest REITs and concentrating in higher
quality assets. Additional information about these and other factors can
be found in Colony Capital’s reports filed from time to time with the
Securities and Exchange Commission.
Colony Capital cautions investors not to unduly rely on any
forward-looking statements. The forward-looking statements speak only as
of the date of this press release. Colony Capital is under no duty to
update any of these forward-looking statements after the date of this
press release, nor to conform prior statements to actual results or
revised expectations, and Colony Capital does not intend to do so.
COLONY DISCLAIMER
The Colony Capital Fundamental US Real Estate Index (the “Index”) has
been licensed by Barclays. Colony Capital is a registered trademarks of
Colony Capital QIS, LLC or its affiliates. Any investment product that
utilizes the Index is not sponsored, endorsed, sold, or promoted by
Colony Capital QIS, LLC or any of its affiliates. Neither Colony Capital
QIS, LLC nor any of its affiliates make any representation or warranty,
express or implied, to the owners of any investment product that
utilizes the Index or any member of the public regarding the
advisability of investing in securities generally or in any particular
investment product or the ability of the Index to track market
performance. Colony Capital QIS, LLC’s and its affiliates’ only
relationship to any investment product that utilizes the Index is
through the sublicensing of certain rules incorporated in the Index and
certain trademarks, service marks, and/or trade names owned by Colony
Capital QIS, LLC or its affiliates. The Index is not determined,
composed, or calculated by Colony Capital QIS, LLC or its affiliates.
Colony Capital QIS, LLC and its affiliates have no obligation or
liability in connection with the administration, marketing, or trading
of any investment product that utilizes the Index. There is no assurance
that investment products based on the Index shall accurately track index
performance or provide positive investment returns. Colony Capital QIS,
LLC and its affiliates are not investment advisors with respect to
investors in any investment product that utilizes the Index. Inclusion
of a security within an index is not a recommendation by Colony Capital
QIS, LLC or its affiliates to buy, sell, or hold such security, nor is
it considered to be investment advice.
NEITHER COLONY CAPITAL QIS, LLC NOR ITS AFFILIATES GUARANTEE THE
ADEQUACY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS OF THE INDEX, ANY
DATA RELATED THERETO, OR ANY COMMUNICATIONS, INCLUDING BUT NOT LIMITED
TO, ORAL, WRITTEN, OR ELECTRONIC COMMUNICATIONS WITH RESPECT THERETO AND
SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS,
OMISSIONS, OR DELAYS THEREIN. COLONY CAPITAL QIS, LLC AND ITS AFFILIATES
MAKE NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIM ALL
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR USE,
OR AS TO RESULTS TO BE OBTAINED BY ANY PARTICULAR INVESTMENT PRODUCT, OR
ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR WITH RESPECT TO
ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO
EVENT WHATSOEVER SHALL COLONY CAPITAL QIS, LLC OR ITS AFFILIATES BE
LIABLE, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE, FOR
ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES OR
FOR LOSS OF PROFITS, TRADING LOSSES, LOST TIME, OR GOODWILL, EVEN IF
THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190318005203/en/
Source: Colony Capital, Inc.
For Colony Capital
Blicksilver Public
Relations
Lisa Baker
914-725-5949
lisa@blicksilverpr.com
or
Caroline
Luz
203-656-2829
caroline@blicksilverpr.com
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