Switzerland-based Corestone in EUR 11 billion Manager of Managers role

From January 1st, 2012, the Dutch transport industry wide pension fund (Pensioenfonds Vervoer) will hire Robeco to provide integrated asset management for its pension assets of almost EUR 11 billion. Corestone, based in Switzerland and the multi-manager specialist within the Robeco group, will fulfill the manager of managers role for all asset classes.
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Pensioenfonds Vervoer CIO Patrick Groenendijk said, ‘The fact that Corestone is part of the Robeco group was an important factor in the selection of Robeco as our integrated manager. Their experienced team and transparent approach to manager selection are key attributes our pension fund is looking for.’

Corestone Managing Director Martin Mlynár said, ‘Pensioenfonds Vervoer is one of the most sophisticated retirement schemes in Europe and we look forward to serving them in the years ahead. This is a testament to both our capabilities and Robeco’s increased institutional footprint.’

Robeco board member and Head of Investments Hans Rademaker commented, ‘I am very pleased to see Robeco’s long-standing commitment to Corestone again reconfirmed by Pensioenfonds Vervoer awarding us this mandate. The company’s multi-manager capabilities, embedded within Robeco’s Investment Solutions group, proved to be significant in winning this mandate.

Please read the press release here.


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