As of 1 March Kommer van Trigt (1971) will take over as the new fund manager of Robeco Lux-o-rente. He will succeed Maurice Meijers, who will become director of Corporate Credits of the Credit Management department at NIB Capital Bank NV. Mr. Van Trigt has a degree in economics from the University of Amsterdam. Before he joined Robeco's fixed-income department, he worked at De Nederlandsche Bank (the Dutch central bank). Kommer van Trigt is head of the duration-management team and manages institutional mandates from central banks and pension funds.
With EUR 2 billion in assets under management, Lux-o-rente is Robeco's third-largest fund (after the funds Robeco and Rorento). Since its inception in 1994 it has realized an average return of 8.5% per year and has a five-star rating from Morningstar.
Robeco Lux-o-rente invests worldwide in government bonds with a minimum credit rating of single A and is aimed at outperforming its benchmark, the JP Morgan Government Bond Index Global hedged into euros. Because the fund's interest-rate exposure is adjusted to the economic outlook, it also has good returns in difficult times for bond markets.
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.