Dutch asset management firm Robeco has expanded its Asian footprint with the opening of a new office and dedicated team in Singapore.
The office, located in Asia Square, will focus on credit research and strengthening business with clients in both the local market and the broader Southeast Asia region, according to a press release sent on Friday.
Private Banking Clients
Robeco has had a presence in Asia Pacific since 2005 and has been pushing out across the region. It now has offices in Australia, China, Hong Kong, Japan, Korea and Singapore. The firm claims that as Singapore is a global private banking hub the opening of a local office will allow them to better service distribution partners and provide local support to institutional clients and consultants in Southeast Asia.
Maurice Meijers, Client Portfolio Manager Fixed Income for the Asian markets, will be heading the Singapore office. In addition to Meijers, two credit analysts will also be based in Singapore.
Fixed Income Hub
Singapore is a fast growing Asian fixed income hub, so by establishing a permanent presence in the market, Robeco is able to expand capabilities, leverage opportunities and further strengthen our fixed income infrastructure in the region.
Hong Kong is the base for Robeco's Asia Pacific equities investment team, and the new Singapore office will be an extension of the Rotterdam fixed income team.
«Singapore is uniquely positioned as a leading fixed income hub in Asia, with a strong outlook for future growth. Robeco’s pan-Asia business, the opening of our Singapore office is another important addition to Robeco’s Asia footprint and will enable us to further expand our fixed income capability to leverage opportunities in the region,» said Meijers.
As at 31 March 2016 the group has $299 billion in assets under management, of which 49 percent are institutional.
