Earnings Call Excerpt
Cohen & Steers, Inc. (CNS)
Q3 2008 Earnings Call
October 23, 2008 11:00 am ET
Executives
Martin Cohen - Co-Chairman of the Board, Co-CEO
Robert D. Steers - Co-Chairman of the Board, Co-CEO
Joseph Harvey - President
Matthew Stadler - Chief Financial Officer, Executive VP
Adam Derechin - Chief Financial Officer, Executive VO
Francis Poli - Executive VP, General Counsel
Todd Voigt - Senior VP, Portfolio Manager
Richard Bruce - Director
Peter L. Rhein - Director
Richard Simon - Director
Analysts
Mike Carrier - UBS
Mark Irizarry - Goldman Sachs
Cynthia Mayer - Merrill Lynch
Presentation
Operator
Welcome to the Cohen and Steer, Inc Third Quarter 2008 financial conference call. My name is Vanessa and I will be your conference operator today. At this time all of you will be placed on mute to prevent any background noise. After the speaker’s remarks there will be the question and answer period. (Operator’s Instructions)
I would like to turn the call now to Mr. Salvatore Rafa, Senior Vice President and Associate General Counsel, please go ahead, Sir.
Salvatore Rafa
Thank you and welcome to the Cohen and Steers’ third quarter 2008 earnings conference call. Joining me are Co-Chairman, Co-CEO, Martin Cohen; Robert D. Steers, our president Joseph Harvey, Chief Financial Officer, Matthew Stadler. Before I turn the call to Bob I am going to point out during the course of this conference call, we may make a number of forward-looking statements. These forward-looking statements are subject to various risks and uncertainties and there are important factors that could cause actual outcome to differ materially from those indicated in this statement. We believe that some of these factors are described in the Risk Factors section of our 2007 Form 10-K which is available on our website at www.cohenandsteers.com.
It will be my guess that the Company assumes no duty to update any forward-looking statements. Also the presentation we make today will contain pro-forma or non-GAAP financial measures which we believe are meaningful in evaluating the Company’s performance. For detailed disclosures on this pro-forma metrics and their GAAP reconciliations, you should refer to the financial data contained within the press release we issued yesterday. Finally this presentation will contain information with respect to investment performance in certain of our funds. I want to remind you that test performance is not a guarantee of future performance. For more complete information about the funds we will discuss today including charges, expenses and risks, please call 1-800-330-3348 for a perspective, with that I will turn the call over to Bob.
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