EUR 1 billion Inflow in our Low Volatility strategies
In the last quarter, the assets Robeco manages in Low Volatility strategies have increased by EUR 1 billion, bringing the total to around EUR 3.3 billion. Three pension funds awarded Robeco a Global Low Volatility mandate worth in total EUR 800 million and two institutional clients invested EUR 170 million in our Low Volatility Emerging Market Equity fund.
Global Low Volatility mandate from Lancashire County Council
One of the mandates described above is from Lancashire County Council. Lancashire County Council has announced the investment of EUR 360 million in the Robeco Global Low Volatility capability, following an extensive manager search and selection process. In conducting the search the consultant involved in this search received 86 manager offers globally.
Robeco High Yield Bonds reaches EUR 3 billion
Robeco High Yield Bonds has attracted around EUR 750 million net inflows this year, and assets under management surpassed the EUR 3 billion mark in October 2012. The fund has achieved a 1.55% gross annualized outperformance over the last 3 years and 2.44% gross outperformance over the last year.*