Dutch-based asset manager Robeco has been awarded a $265 million investment mandate from superannuation fund Tasplan for its enhanced low-volatility Global Conservative Equities strategy.
The mandate was confirmed by Tasplan’s head of listed investments and strategy, Mark Williams who said it had followed a review of the equities asset classes leading into the successor fund transfer from the Retirement Benefits Fund
He said Tasplan had made the decision to allocate a proportion of funds to low volatility.
“We have been in constructive dialogue with Robeco for some time and this was an opportune time to restructure,” Williams said.
Robeco now manages over $2.5 billion for Australian institutional clients in factor investing strategies.
Despite tariff challenges and a weaker US dollar, the investment manager remains optimistic that Asian markets, both big and small, stand to benefit.
The uncertainty surrounding US trade policy is weighing down global growth prospects, KPMG warns.
The US and Europe trade deal represents a significant step forward in resolving trade conflict, but markets have largely priced in the good news already, says the asset manager.
The Australian sharemarket is back to overvalued following the sharp rally since April, but many sectors still offer attractive stocks, according to the research firm.