Tuesday, 5 May 2015
Last updated 9 min ago
Feb 6 2008 | 10:07am ET
Robeco has launched a 130/30 strategy focusing on emerging markets countries such as China, Korea, Brazil and India. The firm has invested in these markets for many years and anticipates major opportunities as a result of the immense growth potential in the long term.
“Although growth in these areas is sensitive to the economic cycle, many of these markets have a healthy financial position and their prospects for continued growth are good,” said Tim Dröge, portfolio manager for the Robeco 130/30 Emerging Markets Equities fund. “This makes them attractive investment targets.”
The fund is based on Robeco’s quantitative stock-selection model, which assesses stocks on the basis of an indicator’s value, price momentum and earnings revision compared to the market average.
The new vehicle charges a management fee of 1.25% for D shares and 1.10% for I shares. There is also a 15% performance fee.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…