Dutch fund manager Robeco is the latest firm to pick Singapore as the destination for its ESG activity in Asia.
The plans include the recruitment of more ESG experts as well as the expansion of its sustainability strategies range.
Three sustainability specialists will be appointed over the coming years to improve local ESG expertise.
The trio, of which one will be appointed before year-end, will be an extension of Robeco’s global sustainability investing centre of expertise.
The move is designed to help Robeco develop Asian versions of its sustainable fund range.
“Expanding our investment and ESG capabilities in Singapore moves us towards the next phase of growth following five years of successful operations here,” said Nayan Patel, chief executive of Robeco Singapore.
Robeco’s Singapore strategy follows similar moves by European fund managers. In June, Dutch manager, NN Investment Partners, announced its plan to open a sustainable investing hub in Singapore.
Meanwhile Schroders also announced plans to add more ESG specialists to its Singapore-based sustainable investing hub.
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