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Responsible Investing Classification An initiative in the Dutch Retail Asset Management Market London | November  Robeco –...
<ul><li>Robeco and Responsible Investing   </li></ul><ul><li>Innovation in the Financial Services Industry </li></ul><ul><...
Robeco and Responsible Investing <ul><li>Robeco advocates Responsible Investing  and has an integral RI policy in place, c...
Innovation in the Financial Services Industry <ul><li>Value is: </li></ul><ul><li>C(S,t) = S N(d 1 ) – K exp (-r  τ ) N(d ...
Objective Responsible Investing Classification <ul><ul><li>Provide private investors transparency on the policy-based inte...
Methodology  (www.robeco.com) TBLI Europe 2010
Three levels per building block <ul><li>Basic (ESG-integration): </li></ul><ul><li>key ESG issues are systematically integ...
Sustainalytics reports  (www.robeco.com) TBLI Europe 2010
Our lessons learned <ul><li>Responsible investing is increasingly attracting the attention of private investors </li></ul>...
Good cooperation by the Dutch Investment Community TBLI Europe 2010
Curious or do you have questions? <ul><li>www.robeco.com   </li></ul><ul><li>(look for the Product selector) </li></ul><ul...
Important Information <ul><li>This presentation has been carefully prepared by Robeco Asset Management, a trade name of Ro...
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Patrick de jong

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Patrick de jong

  1. 1. Responsible Investing Classification An initiative in the Dutch Retail Asset Management Market London | November Robeco – Patrick de Jong | TBLI Conference TM Europe 2010
  2. 2. <ul><li>Robeco and Responsible Investing </li></ul><ul><li>Innovation in the Financial Services Industry </li></ul><ul><li>Objective Responsible Investing Classification </li></ul><ul><li>Methodology </li></ul><ul><li>Three levels per building block </li></ul><ul><li>Sustainalytics reports </li></ul><ul><li>Our lessons learned </li></ul><ul><li>Cooperation </li></ul>Contents TBLI Europe 2010
  3. 3. Robeco and Responsible Investing <ul><li>Robeco advocates Responsible Investing and has an integral RI policy in place, covering: </li></ul>TBLI Europe 2010 Strategy <ul><li>Robeco is a pioneer in the field of RI since 1999. </li></ul><ul><li>We believe Responsible Investing will create shareholders value and therefore value for our customers in the long run. </li></ul>
  4. 4. Innovation in the Financial Services Industry <ul><li>Value is: </li></ul><ul><li>C(S,t) = S N(d 1 ) – K exp (-r τ ) N(d 2 ) </li></ul><ul><li>where </li></ul><ul><li>N(x) = (1+ erf(x/ √2))/2 </li></ul><ul><li>Τ = T -1 </li></ul><ul><li>d 1 = log(S/K) + (r + σ 2 /2) τ </li></ul><ul><li> σ √ τ </li></ul><ul><li>d 2 = log(S/K) + (r - σ 2 /2) τ </li></ul><ul><li> σ √ τ </li></ul>TBLI Europe 2010 Simplicity and Transparency If you claim being a responsible investor, you have to be transparent
  5. 5. Objective Responsible Investing Classification <ul><ul><li>Provide private investors transparency on the policy-based integration of Environmental, Social and Governance (ESG) factors into fund management. </li></ul></ul><ul><ul><li>Enable private investors to compare different investment funds of Robeco and investment funds of other asset managers. </li></ul></ul><ul><ul><li>Classification is not a rating, it’s about providing transparency & accountability. </li></ul></ul>TBLI Europe 2010
  6. 6. Methodology (www.robeco.com) TBLI Europe 2010
  7. 7. Three levels per building block <ul><li>Basic (ESG-integration): </li></ul><ul><li>key ESG issues are systematically integrated in company appraisals for a majority of portfolio holdings </li></ul><ul><li>Intermediate (ESG-integration): </li></ul><ul><li>the fund also provides details on internal processes to ensure effective ESG integration </li></ul><ul><li>Advanced (ESG-integration): </li></ul><ul><li>the process for identifying key ESG issues is also transparent with reference to related information sourcing </li></ul>TBLI Europe 2010
  8. 8. Sustainalytics reports (www.robeco.com) TBLI Europe 2010
  9. 9. Our lessons learned <ul><li>Responsible investing is increasingly attracting the attention of private investors </li></ul><ul><li>Nonetheless serious challenges remain: </li></ul><ul><ul><ul><li>Lack of common understanding of terminology </li></ul></ul></ul><ul><ul><ul><li>Thematic and values-based investing is best understood; other concepts are less understood </li></ul></ul></ul><ul><ul><ul><li>Private investors are suspicious about the value behind the proposition </li></ul></ul></ul><ul><ul><ul><li>and they are therefore very alert about the wording, for example: apart from the financial aspect a certain degree of ESG-issues is taken into account </li></ul></ul></ul><ul><ul><ul><li>But when explained clearly Responsible Investing is highly appreciated </li></ul></ul></ul>TBLI Europe 2010 A mix of awareness raising effort and simplicity creates opportunity!
  10. 10. Good cooperation by the Dutch Investment Community TBLI Europe 2010
  11. 11. Curious or do you have questions? <ul><li>www.robeco.com </li></ul><ul><li>(look for the Product selector) </li></ul><ul><li>Or </li></ul><ul><li>[email_address] </li></ul>TBLI Europe 2010
  12. 12. Important Information <ul><li>This presentation has been carefully prepared by Robeco Asset Management, a trade name of Robeco Institutional Asset Management B.V. (hereafter Robeco). It is intended to provide the audience with information on Robeco’s specific capabilities, but does not constitute a recommendation to buy or sell securities or investment products. </li></ul><ul><li>The information contained in this document is solely intended for professional investors within the meaning of the Dutch Act on the Financial Supervision (Wet financieel toezicht) or persons who are authorized to receive such information under any other applicable laws. </li></ul><ul><li>The contents of this presentation are based upon sources of information believed to be reliable, but no warranty or declaration, either explicit or implicit, is given as to their accuracy or completeness. This presentation is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. </li></ul><ul><li>Historical returns are provided for illustrative purposes only and do not necessarily reflect Robeco’s expectations for the future. The value of your investments may fluctuate. Results obtained in the past are no guarantee for the future. </li></ul><ul><li>No rights whatsoever are licensed or assigned or shall otherwise pass to persons accessing this information. </li></ul><ul><li>Robeco Institutional Asset Management B.V. is registered with the Netherlands Authority for the Financial Markets in Amsterdam. </li></ul>TBLI Europe 2010

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