Dutch asset manager Robeco has expanded its footprint in Asia by launching a new office in Singapore.
The new facility will focus on credit research and will service the firm’s clients in the market and the broader Southeast Asia region.
Robeco, which has been operating in Asia Pacific since 2005, already has offices in Australia, China, Hong Kong, Japan, Korea.
The new office is an extension of Rotterdam’s fixed income team, the Dutch firm said.
The office will be led by Robeco client portfolio manager fixed income for the Asian markets Maurice Meijers, who will be supported by two Singapore-based credit analysts.
“Singapore is uniquely positioned as a leading fixed income hub in Asia, with a strong outlook for future growth. Robeco’s pan-Asia business, which includes offices in many key Asian markets, allows us to gain access to local market knowledge and attract local talent. The opening of our Singapore office is another important addition to Robeco’s Asia footprint and will enable us to further expand our fixed income capability to leverage opportunities in the region.”
Robeco head of global financial institutions Nick Shaw said: “The Asia Pacific region leads the world in new wealth creation and Singapore has long-since established itself as a global private banking hub. The opening of a local Singapore office will allow us to better service our distribution partners and provide local support to institutional clients and consultants in the region.”
Robeco is a subsidiary of Robeco Group, which managed $299bn in assets as at 31 March 2016. The group operates in 15 countries across Europe, the US, the Middle East and Asia Pacific, and employs over 1400 staff.