Robeco to bolster sales team post-Orix acquisition

Dutch fund house Robeco plans to add sales staff to its 40-strong team in Hong Kong and Singapore as it seeks to expand its investor base among institutions and banks in Asia. Tony Edwards, chief executive for Asia Pacific, concedes it is “always a struggle as foreigners in Asia”. But he expects investor attitudes towards the firm to change after Japanese financial services group Orix Corporation acquired Robeco’s assets for €1.9 billion ($2.5 billion) on June 30. The Orix acqui…