New fund managers for Rorento and Lux-o-rente
(Thomson Reuters ONE) -
As per 1 January, 2011, Kommer van Trigt will become fund manager of Rorento.
Rorento is one of Robeco's flagship global fixed income funds with a total size
of EUR 1.9 billion. Rorento is one of the oldest bond funds in Europe and has
achieved an average annual return of 7.9% since inception in 1974.
As Rorento's next fund manager, Kommer van Trigt will focus on top down (fixed
income) asset allocation. Allocations to categories like high yield and emerging
markets can be interesting to realize attractive overall returns. In today's low
yield environment, flexibility tot limit exposure to market segments with small
upside potential is important to preserve capital. Existing conventional bond
indices have come under discussion as countries with the largest outstanding
debt have the largest weight in these indices. Going forward the benchmark will
lose importance.
Kommer van Trigt will take over the position of fund manager of Rorento from
Edith Siermann. Edith Siermann is CIO Fixed Income and Chairman of the Board of
Directors of Rorento. The reason for this move is that the management of fixed
income allocation strategies, covering all major sectors of the bond market, is
being centralized and headed by Kommer van Trigt.
As per 1 January, 2011, Olaf Penninga will take over the position of fund
manager of Robeco Lux-o-Rente from Kommer van Trigt. Olaf Penninga is currently
the fund manager of Robeco Flex-o-rente. Lux-o-rente and Flex-o-rente are twin-
funds, and apply the same quantitative duration strategy.
About Robeco
Robeco, established in Rotterdam in 1929, offers investment products and
services to institutional and private investors worldwide. It has around EUR
141 billion in assets under management (at 30 June 2010).
Robeco advocates responsible investing. Environmental, social and governance
factors are integrated into the investment processes, and there is an exclusion
policy in place. Robeco makes active use of its voting right and enters into
dialogue with the companies in which it invests.
The product range encompasses equity and fixed-income investments, money-market
funds, responsible investing and alternative investments, including private
equity, hedge funds and structured products. The various strategies are managed
from Rotterdam (head office), Boston, Hong Kong, New York, Paris and Zurich.
To service institutional and business clients, Robeco has offices in Bahrain,
Greater China (Mainland, Hong Kong, Taiwan), France, Germany, Japan, Korea,
Luxembourg, Spain, Switzerland and the United States. Robeco has a banking
license in France and the Netherlands, where it can sell its products straight
to private clients.
Robeco holds a 100% interest in Corestone (Zug, Switzerland), Harbor Capital
Advisors (Chicago, US), Transtrend (Rotterdam, the Netherlands) and in SAM Group
(Zurich, Switzerland). Robeco also holds a 49% interest in Canara Robeco Asset
Management (Mumbai, India) and a 51% interest in Robeco Teda (Tianjin, China).
Robeco is part of Rabobank Group, one of the few privately owned banks in the
world with the highest credit ratings from Moody's and Standard & Poor's.
Furthermore, within the banking sector, Rabobank is one of the global leaders in
terms of corporate social responsibility and sustainability.
Ronald Florisson, Robeco Corporate Communications
Office: +31 (0) 10 224 2810
Mobile: +31 (0) 653 831 586
E-mail:ronald.florisson(at)robeco.com
[HUG#1468009]
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Source: Robeco via Thomson Reuters ONE
Unternehmensinformation / Kurzprofil:
Datum: 02.12.2010 - 13:30 Uhr
Sprache: Deutsch
News-ID 49345
Anzahl Zeichen: 4443
contact information:
Town:
Rotterdam
Kategorie:
Business News
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Die Pressemitteilung mit dem Titel:
"New fund managers for Rorento and Lux-o-rente"
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