Robeco increases its stake in Transtrend to 100%

 

 

 

Robeco has increased its stake in the Rotterdam-based managed futures trader Transtrend to 100%. Robeco took a 49% stake in January 2002. Since then, assets under management have grown from EUR 290 million to EUR 2.8 billion.

 

In recent years, Transtrend's Diversified Trend Program ('DTP') has once again shown attractive results. Transtrend's largest investment scheme, Transtrend DTP's Enhanced Risk (USD) subset, realized results of 12.8%, 6.0% and 12.0% in 2004, 2005 and 2006 respectively, while the average annual return since inception in 1995 amounts to 18.0% with a maximum intermediate drawdown (on month-end basis) of 9.4%.

 

Robeco CEO George Möller: "The past years have been better than we could have hoped for at the outset. Robeco's distributive power combined with Transtrend's ever-powerful engine has led to spectacular growth."

 

Most of the assets under management are managed in Transtrend's Luxembourg-based funds. The Robeco Multi Market bonds, structured by Robeco on the basis of Transtrend's DTP, have turned out to be a success. These bonds are primarily aimed at retail clients who combine the attractive results of Transtrend's DTP with principal protection and a relatively low entry amount.

 

In connection with its total takeover, founder Gerard van Vliet will leave Transtrend as managing director and shareholder. Gerard van Vliet: "Twenty years after inventing Transtrend as a project, it has grown into something bigger than I could ever have dreamed of. The secret of Transtrend's success is the ability to form and maintain a talented and motivated team, combining this with clear focus and keen philosophy: to generate investment results in an intelligent and systematic manner on the basis of trend-related market movements. I have nothing more to add to this now; I will leave that to the next generation. The management board that succeeds me has worked at my side for many years and has played a decisive role in Transtrend's successful development. I look forward to following their continued success in the future."

 

 

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, Boston, Greenbrae, Los Angeles, Honolulu en Toledo (Harbor Capital Advisors). Robeco also has an office in Bahrain and an office in Japan.

 

Robeco is the center for asset management within the Rabobank Group and has full operational independence. 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.

 

 

Office: +31 - 10 - 224 28 10

Mobile: +31 - 6 - 53,831,586

E-mail: ronald.florisson@robeco.nl