Published on 01 August 2007
Robeco selects ORTEC for performance measurement
The Dutch asset manager Robeco has selected ORTEC’s performance measurement and attribution tool PEARL to measure and manage its equity and fixed-income investments, as well as their money market and real estate funds. The first tool to be utilized in Robeco’s new “financial service center” PEARL will help to better answer the needs and demands of the Robeco business lines in their current and future dealings. Robeco will run the system for about 300 portfolios.
PEARL has been selected after a thorough investigation of the performance measurement and attribution systems available. Its powerful Investment Decision Process (IDP), as well as easy web-reporting capabilities and flexibility in connecting to different back and front office systems were all important factors in the decision.
The selection of PEARL shows the growing need for an integral solution for total return and attribution by asset managers. Fred Heemskerk, Managing Director at ORTEC, said: “We are delighted to welcome Robeco as a new client. After the selection by Swedbank Robur earlier this year, it confirms that ORTEC understands the needs of asset managers to measure and manage the investment performance for their clients. We look forward to working with Robeco to successfully support the performance management tasks.”
About Robeco
Robeco, established in 1929, offers investment products to institutional and private investors worldwide. It has EUR 142 billion in assets under management (at 31 December 2006). The product range encompasses equity and fixed-income investments, money market and real estate funds and alternative investments, such as private equity, hedge funds and structured products. Robeco is market leader in the Netherlands and part of Rabobank Group, one of the few retail banks with the highest credit ratings from Moody’s and Standard & Poor’s.
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