Rotterdam-based AM firm Robeco has launched a new European equity strategy which follows the same investment approach of an existing global equity fund.
The new Luxembourg-domiciled fund is called Robeco European Premium Equities and was formally launched on December 12. It is understood the new strategy follows the same philosophy as the Robeco BP Global Premium Equity fund which is managed by Citywire A-rated Christopher Hart since 2005.
Hart, who will also manage the new strategy, said the processes used in the Global Premium Equity fund have worked in the long term and in a variety of market environments.
Commenting on the new launch, Hart said: ‘Building off of the success of our Robeco BP Global Premium Equities fund, the Robeco European Premium Equities strategy provides an alternative for investors seeking specific exposure to Europe.’
‘The new fund follows the same bottom-up, ‘three-circle’ approach that has served us since our inception over 20 years ago, applying a lens through which we assess investments based on a stock's valuation, fundamental analysis and business momentum,’ he added.
The Robeco European Premium Equities fund is available for sale globally with the exception of the US.
In the three years to the end of November 2015 the Robeco BP Global Premium Equities fund returned 44.3% in Euro terms which compares to a rise by the sector average of 20.45% in Euro terms.