We are constantly monitoring the latest developments and have taken all measures necessary to manage the situation and to ensure business continuity. As I indicated in my previous letter to you, our operational measures and capabilities are such that Robeco remains fully functional in managing client portfolios and serving clients. Our systems and platforms are designed to enable our staff, most of whom are working from home, to operate as normal.
Our approach is one of vigilance and flexibility, allowing us to implement new or revised measures smoothly and as necessary to ensure the health and safety of our staff while maintaining business continuity.
While the reaction from financial markets has been significant, our portfolio managers have lived and worked through decades of market cycles and shifts, and have the necessary experience and insight to sail these stormy seas. As we entered this sell-off with our portfolios conservatively positioned in terms of liquidity, and were able to sell some positions where needed, our net cash position has remained at acceptable levels. It is also good to know that we have strong backing from our shareholder, ORIX Europe, who continues to support the measures we are taking to navigate through the current crisis. Our business is in good shape and we have a solid foundation with a strong capital and liquidity base. Above all, we remain committed to the safe stewardship of your assets.
In all this, and as part of our duty of care to you, we strive to maintain clear communication and regular contact with you. We have increased our digital communication in order to deliver regular updates, and to maintain virtual contact through calls and video conferencing via Skype and other communication platforms. Our commentaries, podcasts, video and fund updates are published on our dedicated web page: https://www.robeco.com/en/coronavirus/.
We are here to serve and support you. Please feel free to reach out to us, through your regular Robeco contact. Despite the many difficulties you may be facing in this time, know that this too shall pass.
Gilbert Van Hassel
This is an contingency update from 25 March 2020
The information contained on these pages is for marketing purposes and solely intended for Qualified Investors in accordance with the Swiss Collective Investment Schemes Act of 23 June 2006 (“CISA”) domiciled in Switzerland, Professional Clients in accordance with Annex II of the Markets in Financial Instruments Directive II (“MiFID II”) domiciled in the European Union und European Economic Area with a license to distribute / promote financial instruments in such capacity or herewith requesting respective information on products and services in their capacity as Professional Clients.
The Funds are domiciled in Luxembourg and The Netherlands. ACOLIN Fund Services AG, postal address: Affolternstrasse 56, 8050 Zürich, acts as the Swiss representative of the Fund(s). UBS Switzerland AG, Bahnhofstrasse 45, 8001 Zurich, postal address: Europastrasse 2, P.O. Box, CH-8152 Opfikon, acts as the Swiss paying agent. The prospectus, the Key Investor Information Documents (KIIDs), the articles of association, the annual and semi-annual reports of the Fund(s) may be obtained, on simple request and free of charge, at the office of the Swiss representative ACOLIN Fund Services AG. The prospectuses are also available via the website www.robeco.ch. Some funds about which information is shown on these pages may fall outside the scope of the Swiss Collective Investment Schemes Act of 26 June 2006 (“CISA”) and therefore do not (need to) have a license from or registration with the Swiss Financial Market Supervisory Authority (FINMA).
Some funds about which information is shown on this website may not be available in your domicile country. Please check the registration status in your respective domicile country. To view the RobecoSwitzerland Ltd. products that are registered/available in your country, please go to the respective Fund Selector, which can be found on this website and select your country of domicile.
Neither information nor any opinion expressed on this website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco Switzerland Ltd. product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports.