Edith Siermann will succeed Bas Vliegenthart as the fund manager for Rorento on 1 May 2004. She will combine this new function with her current position as head of the Fixed Income department.
Bas Vliegenthart, who managed Rorento for 16 years, will retire. He has been working at Robeco since 1986; before that he was head of International Monetary Affairs at the Dutch Ministry of Finance. Bas Vliegenthart had already stepped down from his function as head of the Investments & Account Management department in 2003.
Edith Siermann (1965) joined Robeco after studying economics at the Erasmus University in Rotterdam. After working in all functions in the department, she became head of the Fixed Income department in 2000. Edith Siermann has managed Euro Obligaties Dividend, Money Plus en Nettorente and several institutional funds and mandates.
This summer, Rorento will complete 30 years of investing globally in government and corporate bonds, realizing an average return of 9% since inception.
About Robeco
Robeco provides discretionary asset management products and services, as well as a complete range of mutual funds to a large number of institutional and retail clients worldwide. Robeco's product range encompasses fixed-income and equity investments, as well as balanced accounts, money-market funds and alternative investments.
Robeco distributes its funds for the retail market directly, and through other financial institutions. Several of its mutual funds, including the flagship Robeco N.V., are listed on major European stock exchanges such as Amsterdam, Paris, Frankfurt and London.
As well as from its head office in Rotterdam, Robeco services its clients from its European offices in Belgium, France, Luxembourg, Switzerland, Germany and Spain. In the United States, Robeco has offices in New York, Chicago and San Francisco (Weiss, Peck & Greer), Boston (Boston Partners), White Plains (Sage Capital Management) and Toledo (Harbor Capital Advisors).
Robeco is the center for asset management with full operational independence within the Rabobank Group. The combination of the highest credit ratings from the major international rating agencies and the highest Sustainability Cluster Score within the banking sector reflects the high added value Rabobank has always offered its investors, members, clients and employees.