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Warning/Important note: This website contains information which is only available to qualified investors as defined below. If you are not a qualified investor, please click “I Disagree” to leave the website.

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1) “institutional investor” under section 304 of the Securities and Futures Act 2001 (“SFA”), which means:
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2) “relevant person” under section 305(1) of the SFA, which means:
(i) An accredited investor; (ii) a corporation the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; (iii) a trustee of a trust the sole purpose of which is to hold investments and each beneficiary of which is an individual who is an accredited investor; (iv) an officer or equivalent person of the person making the offer (such person being an entity) or a spouse, parent, brother, sister, son or daughter of that officer or equivalent person; or (v) a spouse, parent, brother, sister, son or daughter of the person making the offer (such person being an individual).

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4) Or otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.

If you are not any of the types of persons described above, you are not authorized to enter this website and you should leave this website immediately.

2 Terms and Conditions
You acknowledge that you have read these Terms and Conditions (“Terms”) prior to accessing the website located at www.robeco.com/sg (“Website”) and you agree to be bound by the Terms. If you do not agree to all of the Terms, you are not an authorised user and you should not use the Website. The Website is owned by Robeco Singapore Private Limited (company registration number: UEN. 201541306Z), which is licensed by the Monetary Authority of Singapore (“MAS”) pursuant to the Securities and Futures Act 2001 (“SFA”) of Singapore, and is managed by Robeco Singapore Private Limited and/or its affiliates (collectively, as “Robeco”). The Website is intended for and should be accessed by institutional investors or accredited investors (as defined under Section 4A of the SFA) of Singapore. The Website is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject the Robeco to any registration or licensing requirement within such jurisdiction. It is your responsibility to observe all applicable laws, rules and regulations of any relevant jurisdiction. The content contained in the Website is owned by Robeco and/or its information providers and is protected by applicable copyrights, trademarks, service marks, and/or other intellectual property rights. You may not copy, distribute, modify, post, frame or link the Website, including any text, graphics, video, audio, software code, user interface, design or logos. You may not distribute, modify, transmit, reuse, repost, or use the content of the Website for public or commercial use, including all text, images, audio and/or video. Robeco may terminate your access to the Website for any reason, without prior notice. Neither Robeco, nor any of its associates, nor any director, officer or employee accepts any liability whatsoever for any loss arising directly or indirectly from the access of the Website. You agree to indemnity and hold Robeco, its associates, directors, officers or employees harmless against any and all claims, losses, liability, costs and expenses arising from your use of the Website due to violation of the Terms. Robeco reserves the right to change, modify, add or remove any parts of the Terms at any time and for any reason. The Terms shall deemed to be effective immediately upon posting. The Terms shall be governed by, and shall be construed in accordance with, the law of Singapore.

Disclaimers
The Website has not been reviewed by the MAS. Accordingly, the Website may not be accessed directly or indirectly to persons in Singapore other than (i) to an institutional investor under Section 304 of the SFA, (ii) to a relevant person pursuant to Section 305(1), or any person pursuant to Section 305(2), and in accordance with the conditions specified in Section 305, of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.

Nothing in the Website constitutes tax, accounting, regulatory, legal or investment advice. The Website is for informational purposes only and should not be construed as an offer to sell or an invitation to buy any securities or products, nor as investment advice or recommendation or for the purpose of soliciting any action in relation to Robeco’s businesses, or solicitation by anyone in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such an offer and solicitation. Any reproduction or distribution of information from the Website, in whole or in part, or the disclosure of its contents, without the prior written consent of Robeco, is prohibited. By accessing to the Website, you agree to the foregoing.

The funds referred to in the Website are for information only. It is not a recommendation or investment advice, nor does it mean the funds is suitable for all investors. The contents of the website is not reviewed by the MAS. Any decision to participate in the funds should be made only after reviewing the sections regarding investment considerations, conflicts of interest, risk factors and the relevant Singapore selling restrictions. The Funds referred in this Website are notified with the MAS and are only available to the professional investors in Hong Kong and to qualified investors in Singapore. You should consult your professional adviser if you are in doubt about the stringent restrictions applicable to the use of the Website, regulatory status of the funds, applicable regulatory protection, associated risks and suitability of the funds to your objectives.

Any decisions made based on the information contained in the Website are the sole responsibility of yours. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives. The investments and strategies contained in the Website may not be suitable for all investors and are not guaranteed by Robeco.

Investment involves risks and may lose value. 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. Past performance is no indication of current or future performance. The Website may contain projections or other forward looking statements regarding future events or future financial performance of countries, markets or companies and such projection or forecast is not indicative of the future. The information contained in the Website, including any data, projections and underlying assumptions are based upon certain assumptions, management forecasts and analysis of information available on an “as is” basis and without warranties of any kind, whether express or implied, and reflects prevailing conditions and Robeco’s views as of the date published or indicated, and maybe superseded by subsequent events or for other reasons. The information contained in the Website are accordingly subject to change at any time without notice and Robeco are under no obligation to notify you of any of these changes. Robeco expressly disclaims all liability for errors and omissions in the information presented in the Website and for the use or interpretation by others of information contained in the Website.

Robeco Singapore Private Limited holds a capital markets services licence for fund management issued by the MAS and is subject to certain clientele restrictions under such licence. An investment will involve a high degree of risk, and you should consider carefully whether an investment is suitable for you.

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Our approach

Market participants in Asia-Pacific tend to be short-term oriented, causing stocks to firmly over- or undershoot fair value. This offers plenty of opportunities to buy at underpriced levels and sell at extended levels. The investment team adheres to a contrarian investment approach and a long-term investment horizon. Our Asia-Pacific Equities strategy adopts a clear value style: though most investors invest in Asia for growth, historical return patterns of Asian portfolios confirm superior returns are generated by value styles.

Focusing on identifying value opportunities and avoiding overhyped growth stocks
Taking account of momentum by acknowledging the power of herd behavior
Adhering to a long-term horizon and avoiding short-term market distractions

The three steps of our stock selection:

Filter stocks

First, multiple screening tools help to shrink the universe of about 2,400 stocks to a manageable level, filtering out the unattractive stocks.

Earmark opportunities

Next, the investment team evaluates the remaining 400 stocks and earmarks the most interesting opportunities for further analysis.

360° assessment

In a third step, we assess stock attractiveness from all possible angles. On a monthly basis, approximately 10 new investment ideas undergo in-depth fundamental and valuation analysis, including the impact of material ESG factors on the business model and valuation assessment. Price momentum of the stocks in our universe can be very powerful. Investors' herd behavior often leads to the bidding up of stock prices far beyond fair value once a stock becomes a popular hold. Generally, we will start trimming the position once our target price is reached, but to benefit from price momentum, we will hold on to part of the exposure.

Team

The Hong Kong and Shanghai-based Asia-Pacific Equities team was founded in 2007. The team is made up of seasoned investment professionals with diverse cultural backgrounds to provide an East-meets-West investment approach. The team is embedded in Robeco's broader Global Fundamental Equities group of more than 60 investment professionals. There is frequent collaboration with the global thematic, sustainability and quantitative research specialists who support portfolio managers in designing, implementing and maintaining forecasting models and risk management tools.

Sub-strategies

Robeco offers Asian equity strategies for developed markets, for emerging markets or for an all-country universe.

A more concentrated version of about 35 to 50 stocks is also available. This portfolio has a clear value style. Though most investors invest in Asia for growth, historical return patterns of Asian style portfolios confirm superior returns are generated by value styles. The sustainable version of this strategy has both a lower ESG risk profile and significantly better environmental footprint than the reference index.

Sustainability

This strategy promotes, among other characteristics, environmental and/or social characteristics, which can include exclusionary screening, ESG integration, ESG risk monitoring and active ownership. It is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation.

Our Asia-Pacific Equities strategy integrates ESG factors into its investment process by analyzing the impact of the financially material ones on a company’s competitive position and value drivers. We believe that this enhances our ability to understand long-term risks and opportunities of a company. If ESG risks and opportunities are significant, the analysis could impact a stock’s fair value and the portfolio allocation decision. In addition to ESG integration, the strategy applies an exclusion policy and benefits from voting and engagement activities focused on specific themes such as climate change, aiming to improve a company’s sustainability profile.

MyRobeco – Access to your portfolio and sustainable data

Asia-Pacific Equities

Long-term value strategy with momentum awareness