The cornerstone of our philosophy for the matching portfolio is based on maximizing matching effectiveness and minimizing investment risk. This approach ensures that the portfolio behaves as expected during the design: in a matching portfolio, we do not like surprises.
Risk management is the basis of the matching portfolio. The investment objective, the benchmark and any performance drivers are based on in-depth fundamental and quantitative research and are adapted to individual investment objectives and convictions, and the matching philosophy of our clients.
Our matching portfolios feature a transparent investment process in which the portfolio is constructed in consultation with the client and adapted to the client’s strategic policy and specific risk tolerances. The investment process has a long-term horizon and is designed to avoid unnecessary transaction costs.
Our approach to the management of matching portfolios is based on a ‘buy and maintain’ strategy. We devote much attention to the construction phase (‘buy’), in which we design the portfolio and the investment process in consultation with the client. Continuous monitoring (‘maintain’) of the portfolio ensures that the matching is effective and that liquidity and the desired credit quality are maintained. Providing a high-quality service is also an essential element of our LDI proposition.
The Global Macro team has experience with the management of matching portfolios since 1998. The Dutch team has extensive experience in fundamental and quantitative management of both bonds and derivatives, is based in Rotterdam and has in-depth knowledge of the pension and insurance market. The portfolio managers work closely with specialists in trading, regulation, risk management and corporate bonds.
The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).
The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.
Neither information nor any opinion expressed on the 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 product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.