Robeco

A rare market shakeout in which all major asset classes fell over the past six months is not the ‘new normal’, says Lukas Daalder, Chief Investment Officer for Robeco Investment Solutions.

Brazil is in recession territory. The country’s fiscal consolidation plan had a major set-back in July as the finance minister Joaquim Levy announced a significant downward revision of the government’s primary fiscal surplus targets. In august, S&P placed Brazil’s foreign currency rating, on negative outlook.

Robeco today announces the appointment of Mr. David Steyn (1959) as Chief Executive Officer and Chairman of the Management Board of Robeco Groep N.V. (‘Robeco’) as of 1 November 2015.

Robeco Group N.V. announces the departure of Roderick Munsters, who will resign as Chief Executive Officer and member of the Management Board. Mr. Munsters will leave once a smooth handover to his successor has been completed.

The depreciation of the Chinese currency took many investors by surprise. And a surprise it was, although not necessarily a negative one, says Victoria Mio.