The 2012 results of the annual Dow Jones Sustainability Indexes (DJSI) review have been announced by SAM
Robeco Group announces strong results for the first half of 2012.
Robeco Group announces results for the first quarter 2012. Robeco Group has had a very strong start to the year, with net cash inflows at a record level of EUR 15bn. Assets under management (AUM) increased to EUR 177bn (EUR 150bn at the end of 2011), demonstrating continued demand for our investment strategies and particularly our pensions offering.
Rotterdam, 29 March 2012 - Robeco Group announces results for the full year ended 31 December 2011. Robeco Group had a strong year, with net cash inflows at a record level of EUR 7.6bn increasing assets under management to EUR 150.3bn, despite turmoil in financial markets affecting investment performance. Further net inflows in January and February of 2012 (EUR 14.8bn) have increased assets under management to EUR 176bn at 29 February 2012.
For Robeco, 2010 was a year when not only clients but also the company itself enjoyed attractive returns. After a strong rebound in 2009, financial markets continued to offer investors a favorable environment.
For clients, both returns and relative performance have been good to excellent; a very welcome, albeit not complete, rebound from the disastrous investment year 2008. Also the record inflow of new money (EUR 7.5 billion net) as well as the fact that clients dare to take risk again are clearly positive.
Despite the uncommonly harsh conditions, Robeco managed to realize net cash inflow of around EUR 600 million in 2008. As a result of falling stock prices, assets under management declined from EUR 146 billion to around EUR 111 billion. Some investment strategies managed to beat the trend and realize a positive performance; Transtrend’s Diversified Trend Program had a very good year, and the Lux-o-rente fixed-income duration program and several Robeco Boston Partners equity strategies performed well relative to their benchmarks. Robeco managed to avoid the most severe pitfalls such as US subprime mortgage-backed securities and imploding hedge funds.
In 2007, Robeco’s assets under management increased by EUR 4.1 billion (+ 2.9%). This increase was mainly driven by a net investment result of EUR 2.5 billion. Net cash flow amounted to EUR –0.3 billion. Harbor Capital Advisors and SAM Group realized strong cash inflow, as did Robeco’s institutional funds managed in Rotterdam and Robeco's French operation. Cash outflow mainly occurred from Robeco Investment Management’s fixed-income and equity products, and traditional equity and fixed-income funds managed in Rotterdam.
In 2006, Robeco’s assets under management increased by 7.7% (EUR 10.1 billion) to EUR 141.7 billion. The inflow of new money from clients totaled EUR 5.8 billion, making 2006 one of the best years that Robeco has ever experienced in terms of cash flow. Robeco has further strengthened its activities in the field of sustainable investing through its acquisition of the Swiss SAM Group. Net profit for 2006 amounted to EUR 193 million, an increase of EUR 41 million compared to 2005.