Robeco to focus on food and agriculture
Dutch investment fund Robeco is planning to capitalise on interest in food and agricultural commodities by launching a range of ‘focused products’, the Financial Times reported at the weekend.
And the paper quoted CEO Roderick Munsters as saying the fund wanted to work more closely with its parent Rabobank, which specialises in the food and farming sectors.
But Munsters said Robeco would not be offering ‘exposure to commodities’ via the futures market and be accused of driving up prices. ‘We want markets to be more efficient but our reputation is important,’ the paper quoted him as saying.
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