Robeco Groep plans to set up full-scale operations and expand its asset management business in Japan.
The Amsterdam-headquartered group is now targeting corporate and public pension funds, financial institutions, such as life insurers, asset managers, brokers and banks.
Robeco says it aims to increase its assets under management in Japan to €5 billion over the next five years, from €600 million today.
Robeco Japan is planning a range of active investment strategies, including equity and bond strategies based on quantitative research, emerging market equities and emerging debt, as well as aggregate fixed income and high yield strategies.
Roderick Munsters (pictured), chief executive officer, says accelerated growth in Japan is Robeco's strategic focus until 2018.
"We are confident that this new strategy and the support of our majority shareholder Orix will enable us to realise substantial growth in Japan in the coming years," he says.
Kikuo Kuroiwa, president for the business in Japan, adds that it will also promote the concept of environmental, social and governmental factors.
Robeco opened its first Asia office in Tokyo in 2005, and has since acted as an investment advisor and agent providing asset management strategies for Japanese institutional investors. It has also an asset management licence for Japan.
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