Dutch asset manager Robeco Groep has expanded its presence in the UK by opening an office in London, which will target UK institutional investors, global distribution partners and global consultants.
The office will be headed by Mark Barry, who has been recently hired as head of UK and Institutional Business for Robeco UK.
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The company’s global financial institutions team and global consultant relations team led by Nick Shaw and Peter Walsh respectively are also managed out of the London office.
Robeco said that they are currently supported by a team of 6 staff, which Robeco is planning to expand to around 20 within 2017. Robeco has about £5bn in assets under management as of 30 September 2015 from UK client mandates.
Barry said: "Robeco coming to the UK is about bringing a suite of capabilities and skill sets to help clients build more sustainable, long-term portfolios to achieve their objectives."
Robeco Group head of global distribution & marketing and a member of the management board Hester Borrie said: "We are delighted that our commitment to the UK market is now set in stone, with the opening of our new London office and the appointment of Mark Barry as Head of our UK business.
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By GlobalData"Mark is supported by a strong team within Robeco that has had a solid focus on London in recent years. London is a key hub for the institutional and wholesale investment business globally. With the opening of our new London office, Robeco is now well established in all of the world’s major financial centres."
