Henk Grootveld, Executive Vice President, is head of the Trends Investing Equity team. He is manager of Robeco Global Growth Trends since November 2013 and manager of Rolinco since 2009. Henk Grootveld joined Robeco in 2001 and has been head of the Financials team, head of the European team, head of the Consumer Staples team and a member of the North American Equities team. Prior to joining Robeco, Mr. Grootveld was employed by Aegon Asset Management as a portfolio manager European Equities and at ING Barings as an equity strategist. Henk holds a Master¿s degree in Operation Research/ Econometrics From Erasmus University in Rotterdam. Marco van Lent is a member of the Robeco Trends Investing Equity team since December 2010 and since November 2013 portfolio manager of Robeco Global Growth Trends/ Rolinco. Before that he was portfolio manager of Robeco Infrastructure Equities. He joined Robeco in October 2007 to co-manage two European equity funds. He started his investment career in 1985 as a sell-side analyst/strategist. In 1996, he became a portfolio manager at Van Spaendonck Asset Management. This was followed by a position as senior portfolio manager European equities at Philips Investment Management in 1999. Using the high-conviction investment strategy which he had co-developed at Philips Investment Management, he moved on to Van Lanschot Asset Management to manage the Van Lanschot European Equity Fund. After the acquisition of Kempen Capital Management by Van Lanschot, he worked at Kempen Capital Management for 6 months to manage European equity mandates. Marco holds a Master¿s degree in Business Economics and Finance from Tilburg University.
Successful and promising thematic equity strategies offered by both Robeco and SAM form the basis of the Rolinco portfolio. Rolinco capitalizes on the expertise of various specialized portfolio managers by allocating to both thematic and regional equity funds. An overlay strategy is also implemented to help generate extra return. Rolinco has a growth profile and invests a considerable proportion of its assets in strategies that are expected to produce above-market-average returns. The outlook for Rolinco is favorable due to its focus on global long-term trends.
We believe that we have seen the bottom in global GDP growth. Stocks benefiting from the cyclical upturn are cheap in a historical context. We believe that we have already entered a new era that will see labor productivity increase sustainably thanks to digitalization and new technologies. Stocks that provide the tools and technology to do this will grow their revenues and cash flows much faster than any analyst dares to pencil in. We believe that a combination of cheap cyclical-growth stocks with underestimated structural growth stocks is ideal and will lead to substantial investment performance.