Netherlands-based asset manager Robeco has announced the appointment of a new retail business manager to continue developing its relationships with advisers.
Matthew Young has been appointed as regional manager, retail business development, based in Sydney and will report to Robeco’s managing director for Australia and New Zealand, Stephen Dennis.
“Given his strong investment background, Matthew is well positioned to provide long-term wholesale solutions and to deepen relationships with financial advisers and researchers in the market,” Mr Dennis said.
“Matthew will play a crucial role in bringing Robeco’s innovative capabilities to the market.”
Mr Young joins Robeco from BlackRock where he was vice-president.
He has more than 12 years’ experience in wealth management and retail distribution, including a role as business development manager at Colonial First State.
In his new role, Mr Young will lead Robeco in building links with financial advisers and will promote the firm's investment strategies, particularly its emerging markets, conservative equity and global equities.
“Low volatility and emerging markets strategies have become two of the most discussed equity investment strategies among investors lately,” Mr Dennis said.
“We see that a low-volatility strategy in emerging markets will allow investors to benefit from emerging market equity returns at substantially lower risk.
“To add to our unit trust offerings, our award-winning Robeco Boston Partners global equity strategy will also be available to Australian investors soon.”
Leaders in financial services have the opportunity to widen their moats against upstart competitors. ...
The advice industry is currently in a budding phase but will “bloom in the next three to five years”, according to a new white paper. ...
ASIC has banned a Melbourne-based adviser from providing financial services and performing any function in a financial services business for six years...