Falling returns in investment grade credits – to the point where they now resemble government bonds – has prompted Robeco Asset Allocation to cuts its holding. Read more ...
Which three trends are drastically changing the financial sector? Interview with Robeco portfolio manager Patrick Lemmens. Read more ...
A global recovery will not be the panacea for emerging economies, but there are still reasons to be optimistic, says Peter van der Welle. Read more...
Passive investing has become increasingly popular. Despite its undeniable appeal, there are also some considerations which should make investors think again about the desirability of a passive approach.
The sell-off in emerging markets has led to comparisons with the Asian Crisis of the late 1990s. A global recovery will not be the panacea for emerging economies, but there are still potential catalysts for recovery and reasons to be optimistic, says Peter van der Welle, Robeco strategist.
Further escalation of the situation in Ukraine is not very likely. Its impact on the financial markets will therefore probably remain minor. Léon Cornelissen and Frank Reynaerts explain the situation, but also highlight the uncertainties surrounding this scenario.
Robeco has various tools at its disposal to engage with companies. One of them is a collaborative engagement, in which Robeco joins forces with other investors to achieve a certain goal. Recently Robeco successfully participated in a collaborative anti-corruption engagement.
Sustainable management of the electronic equipment supply chain is becoming increasingly important. Not only is the lifespan of electronic products notoriously short, but there are increasing concerns about electronic waste, controversial labor conditions, the use of chemicals and the amount of energy these electronics require when in use. All factors to take into consideration when making investment decisions.
Increasing regulation costs the investor money, but offers little extra protection. Normal interest rates are more likely to ensure this than the regulators are.
The current stock mararket froth. That’s the conviction of Robeco Boston Partners’ Chris Hart. The portfolio manager, who has been nominated for the Morningstar Awards nine times in Europe, reveals the secrets behind his outperformance.ket turbulence creates opportunities for stock pickers who look for dislocations between corporate reality and m
Europe currently offers a better investing environment for corporate bonds compared with the US as companies are more conservatively managed on this side of the Atlantic, according to fund manager Sander Bus.
For the energy sector we expect a strong performance by the Majors in 2014. They will put more emphasis on curbing expenses and improving free cash flow.
Interest in factor investing - investing in systematic sources of return - is rapidly increasing. But how are pension funds incorporating factor investing into their portfolios and investment processes?
Citywire AAA-rated Pieter Busscher, who runs the top-performing RobecoSAM Smart Materials Fund, reveals why he is seeking to exploit recovering airline stocks and discusses the US auto sector's urgent need to adopt lighter and smarter materials.
Elections in four of the world’s largest emerging markets will set the tone for investment strategy this year. Our emerging market equities portfolio specialists discuss the likely outcomes and consequences of polls in Brazil, India, Indonesia and South Africa.
Taking a more sustainable approach is gaining more attention in the fixed income market. Edith Siermann, CIO of Fixed Income Investments at Robeco, answers investors’ questions on how Environmental, Social and Governance (ESG) principles are applied to the range of products under her wing.
Robeco’s proprietary quantitative duration model fully determines the active duration positions in Robeco Lux-o-rente and Robeco Flex-o-rente. On balance, the model’s performance was negative over 2013.
Sustainability is no longer a top-down initiative driven by pension funds. Pension fund beneficiaries increasingly demand it themselves. Want to know why? Check out the new edition of Advance, RobecoSAM's sustainability investing magazine.
Sustainability investing is often seen as a ‘top-down’ initiative, where pension funds instruct their asset managers to include it in the investment process. But it is increasingly being driven by ‘bottom-up’ pressure, where fund beneficiaries themselves demand it for their own varied reasons.
Kerrie Waring is the new managing director of the International Corporate Governance Network (ICGN), having served the organization as chief operating officer since 2008. In this question and answer session she addresses some of the major issues affecting corporate governance, from globalization and attitudes reform, to the future role of women on boards.
A vast majority in the investment world agrees on the direction that equity markets will take this year. Many are optimistic. As long as central banks continue to provide 'free money', they will be right, says Mark Glazener.
Voting at Annual General Meetings (AGMs) is becoming increasingly important. This would be a good development, if it weren’t for some glitches in the voting infrastructure. Engagement specialist Michiel van Esch, a member of the PRI Vote Confirmation Steering Committee, says investors need to take responsibility to make sure that the votes they want to cast are actually cast.
Climate change has the potential to completely overhaul the energy sector. “To avoid underestimating this source of systemic risk, investors in the sector have to look at long-term energy and climate challenges”, says Dirk Hoozemans, energy analyst at Robeco.
Investors in the pension world share Robeco's expectations that average returns will be relatively low in the coming five years. This is why they wish to take an active approach to changing market conditions and the opportunities offered by new technologies and themes.
Investors are always keen on drivers of the market. Most often they are focused on short term drivers, like announcements of the Federal Reserve on scaling down its bond buying program, or on the stress tests of European banks, the latest growth figures of China, or elections in Brazil.
Czech economist Tomáš Sedláček suggests that politicians have a growth fetish. Sedláček's ideas on the relationship between politics and budgetary policy are just as controversial as his notions on the economy, as revealed in an interview following his presentation during Robeco Live.
Today, RobecoSAM published its annual Sustainability Yearbook which looks back at companies’ sustainability performance in 2013 and ranks them as Gold, Silver or Bronze and identifies an Industry Leader for each of the 59 industries.
With its quantitative easing programs, the Fed has distorted bond markets, especially by reducing volatility. This has negatively affected the performance of the duration model.
The most probable scenario for 2014 is ongoing global economic recovery and further share price rises. But how reliable is this? Chief economist Léon Cornelissen and strategist Peter van der Welle identify three downside risks.
Efficient investors don't check their portfolios too frequently. Once a year is enough, and around New Year is a good time.
Inflation used to be the main focus for European central bankers’ interest rate policy as prices rose forever upward. Now their main fear as we begin 2014 is the reverse scenario - the risk of deflation.
Ground-breaking research by Robeco that changed the way the riskiness of corporate bonds can be evaluated has celebrated its 10th anniversary. This riskiness needs to be carefully calculated as bonds issued by companies have a greater chance of defaulting than government bonds. Their returns can also be more volatile, as they are linked to the underlying performance of the company that issues the bond.