The fund Robeco realized a return of 13.6% over the first six months of 2005. This puts the fund Robeco back up among Europe's top performers again.
In recent years, Robeco's fixed-income funds repeatedly reached number 1 in the European lists. Thanks to a new investment approach and a bigger and stronger team of fund managers, Robeco's large equity funds are now back at the top of European equity-fund lists.
Robeco Group's CEO George Möller: "We waited a while before making this public, as we wanted to be certain that the results were sustainable. July once again showed good results. I assume that our new approach is beginning to pay off for our long-term investors."
Rolinco and Robeco Global Value Equities also showed good results with returns of 15.9% and 13.1%, respectively. Relative performances were also good. Robeco beat its benchmark by 1.61%, Rolinco by 3.76%, and Robeco Global Value by 0.80%.
The recovery began back in the second half of last year. On a twelve-months' basis, Robeco's result comes out at 18.1% and Rolinco's at 20.2%. The figure for Robeco Global Value Equities is not available because this fund was launched at the end of 2004.
This press release will be updated in December.
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.
Robeco services its clients not only from its head office in Rotterdam but also from its European offices in Belgium, France, Germany, Spain and Switzerland. 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), and in the Middle East it has an office in Bahrain.
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.