Dutch asset manager Robeco has secured a wholly foreign-owned enterprise (WFOE) business license and set up its China research team in Shanghai.
Robeco said that the license and the new team will help its enhance on-the-ground research capabilities and expands sales, marketing and client services activities in mainland China.
The new team will be led by Robeco head of research China Jie Lu, who will report to co-head of Asia Pacific equities and CIO China, Victoria Mio.
The team will form a key part of the firm’s Hong Kong-based Asia Pacific investment team that is led by Asia Pacific CIO, Arnout van Rijn.
“Our dedicated China research team will work closely with the wider Asia Pacific investment team, enhancing our regional investment capability by applying our fundamental investment approach to the China market,” Lu said.
Robeco has been operating in Asia Pacific since 2005, with offices in Australia, Hong Kong, Japan, Korea, Singapore in addition to China.
“We believe China is increasingly an important component of global investors’ portfolios and our China research team will be able to provide valuable local insights that many Robeco strategies will benefit from,” Mio said.