Robeco Plans Entry into ETF Market, Set for 2024 Launch

Robeco, a Dutch fund management firm with assets totaling €179 billion and owned by Japan’s Orix Corporation, is making a strategic push into the Exchange-Traded Fund (ETF) market. This move, announced on Thursday, aims to leverage the growing popularity and flexibility of ETFs.

To spearhead this initiative, Robeco has appointed Nick King, who brings experience from his previous roles at Fidelity International and BlackRock. King will be leading the firm’s entry into the ETF market, with plans for launch set for 2024.

The upcoming ETFs will incorporate Robeco’s intellectual property and emphasize the firm’s strengths in areas such as sustainability, quantitative investing, thematic strategies, credit markets, and emerging markets. The firm is also contemplating the inclusion of its own indices within this new product range.

Orix Corporation, the parent company of Robeco, boasts a market capitalization of $21.98 billion and is recognized as a significant entity in the Financial Services sector. The company has a strong record of dividend payments, having maintained them for 32 consecutive years, which underscores its financial robustness. Over the past six months, Orix has experienced substantial price growth, which is favorable for investors.

Recent earnings reports indicate that Orix is performing well, with a price-to-earnings ratio of 12.07 and revenues amounting to $18.61 billion. This solid financial performance positions the company to continue its dividend payouts, reflecting its stable earnings over the last year.

Additionally, Orix’s liquid assets are reported to surpass its short-term obligations, further demonstrating its capacity to meet financial liabilities effectively.

This article was created with AI assistance and underwent editorial review.