News & Knowledge

2020, 29 July

Kempen Global Listed Infrastructure: Infrastructure is key in a sustainable world

Over the past decade there has been an increasing focus on Sustainability issues impacting society. We believe the coming decade will see a step change in Sustainability issues. In this paper we outline this change, the role of Infrastructure, and how our investment process captures the opportunities ahead.

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2020, 02 July

How does ESG affect financial performance? Five takeaways from our white paper

In this quarterly newsletter, we take a closer look at the world of responsible and sustainable investment. At Kempen Capital Management, Environmental Social Governance (ESG) factors are fully integrated throughout our investment process, and for us responsible investment means being good stewards of the companies that we invest in. We encourage positive change through engagement with the management of our investee companies and through actively using our shareholder voting rights.

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2020, 02 June

Investment case: Circular Zinc

At Kempen, we have a long history of incorporating ESG (environmental, social, governance) topics when making investment decisions. Sometimes we find investment opportunities where sustainability is at the heart of the company’s strategy. Befesa is such an example, even though you may not recognize it at first sight given their exposure to steel markets. Befesa is European market leader in managing and treating industrial waste from the steel industry. It collects hazardous steel dust and recycles the zinc content out of it.

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2020, 27 May

Dike surveillance for portfolios

The coronavirus, or a flash crash by a trading algorithm. They’re not the kind of events you want to be surprised by as an investor. How do you deal with changes that could potentially have an enormous impact on your investment portfolio when there is a very low risk of them occurring in the first place? Kempen is the first asset manager to apply an additional risk model for extreme events: the tail risk model.

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2020, 25 May

European junk bonds have grown up

Junk bonds. That’s the rather off-putting name for high-yield bonds. In contrast to its US counterpart, the market for European junk bonds was barely taken seriously for many decades. Yet times have changed.

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2020, 20 May

What can the UK learn from the Dutch approach to fiduciary management? (and vice versa!)

As UK pension trustees grapple with the challenges of finding the right fiduciary manager, Cathy Lewis, a director in Kempen’s fiduciary management team in London, looks at what we can learn from the Dutch Pension system and how they have embraced Fiduciary Management, and how we can use and translate those successes to the UK.

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2020, 18 May

Learning from a pioneer with a purpose

It’s difficult to interpret a crisis when you’re in the midst of it, but Jeroen Smit, Daniëlle Melis and Lars Dijkstra give it their best shot. In what was originally planned as a roundtable but instead became a conference call, they discuss what we can learn from the past and reveal a shared sense of optimism.

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2020, 07 May

Kempen Insight - May 2020

The main theme of this Kempen Insight issue is Prepared for unexpected risks. As an investor you don’t want to be surprised by unforeseen developments that could have a major impact on your investment portfolio. How do you deal with unexpected changes and their impact when there is a very low risk of them occurring in the first place? Read more in the newest edition of our magazine.

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2020, 29 April

Kempen Global Listed Infrastructure: Update

To your good health, as you take time away from the many other things in your day to read our first update. The adverse economic impact of the global COVID-19 outbreak has impacted financial markets, including the listed infrastructure market. With both the supply- and demand-side impacted, the consequences for certain infrastructure assets are significant. Globally the traditional infrastructure, like airports and toll roads are facing issues from either a collapse in passenger numbers (which is more severe than post Sept 2001, or SARS), or widespread working from home. On the other hand, the relative inelastic demand of utilities and communication infrastructure made those companies more resilient than the transport infrastructure (and general equity markets).

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2020, 21 April

Annual Stewardship and Responsible Investment Report 2019

Welcome to our Annual Stewardship and Responsible Investment Report, which gives you an overview of all of our responsible investment activities in 2019 to drive positive real world impacts alongside financial returns.

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2020, 26 March

Time to talk about greenwash

In this quarterly newsletter, we take a closer look at the world of responsible and sustainable investment. At Kempen Capital Management, Environmental Social Governance (ESG) factors are fully integrated throughout our investment process, and for us responsible investment means being good stewards of the companies that we invest in. We encourage positive change through engagement with the management of our investee companies and through actively using our shareholder voting rights.

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2020, 05 March

European High Dividend

A pleasant surprise from Morningstar. The I share class of the Kempen (Lux) European High Dividend has been upgraded to Gold (from Silver). Morningstar writes: ‘This fund boasts a long-tenured and well-experienced team that has skillfully executed a disciplined process. Our level of conviction in the team and process has not changed, with the People Pillar rating standing at High and the Process rating Above Average.’ We are thankful for this upgrade. Would you like to keep up to date? Please register below.

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2020, 13 January

How Kempen integrates listed and non-listed real estate investment

The professionally managed real estate universe consists of listed companies and non-listed funds. One of the biggest challenges of investing in real estate that is part of listed companies or unlisted funds is the perception that one compares ‘apples to oranges’. How does Kempen level out these differences? We spoke with Todor Ristov portfolio manager real estate to see how Kempen is integrating listed and non-listed real estate and driving value for clients.

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2020, 07 September

Van Lanschot Kempen appoints Jeroen Berns Head of Kempen Merchant Banking

Van Lanschot Kempen announces today that Jeroen Berns will be appointed as Head of Kempen Merchant Banking per 14 September. The activities of Merchant Banking include Corporate Finance, Equity Capital Markets and Securities.

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2020, 03 September

Kempen launches sustainable dividend fund

Today, Kempen Capital Management (Kempen) will launch the Kempen Sustainable Global High Dividend Fund. The introduction of this new fund represents an important addition to the current range of dividend products that Kempen has to offer in the market. This sustainable dividend solution is created in collaboration with our clients, who are looking for direct income in a more sustainable investment world.

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2020, 01 September

Van Lanschot Kempen appoints Erik van Houwelingen to Executive Board

Van Lanschot Kempen announced today that Erik van Houwelingen will join its Executive Board per 15 November. Erik will be responsible for Asset Management, one of Van Lanschot Kempen’s core activities, and he will also take on the chair of the Board of Kempen Capital Management, subject to regulatory approval. Erik van Houwelingen succeeds Leni Boeren, who stepped down earlier this year.

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2020, 27 August

Three years of Kempen (Lux) Euro High Yield Fund

This year, the Kempen (Lux) Euro High Yield Fund of Kempen Capital Management (Kempen) celebrates its third anniversary. This milestone coincides with the achievement of a total of € 250 million in assets under management. The high yield fund further expanded the range of corporate bond funds within Kempen, and contributed to the strengthening of Kempen’s credit expertise. The average annual return of the fund over this period of time stands at 3.0% as compared with 1.9% for the benchmark*.

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