News & Knowledge

2019, 25 November

High yield in a broad perspective

The size of the fixed-income investment markets has grown considerably over the past decade. Existing investment classes have grown significantly, but also new fixed-income asset classes have become available to investors. The accommodative policy of central banks with low interest rates has spurred a search for yield that has led to an increase in capital made available for lending. At the same time, the past few years’ robust economic growth has led to a credit demand for growth, investments, mergers, and acquisitions. In emerging economies, particularly fixed-income markets in local currencies have shown significant growth.

2019, 11 June

Annual report Global Impact Pool

The first annual impact report for the Global Impact Pool (‘GIP’) is available.

2019, 20 May

Small is Beautiful

Focus on Private Equity companies

2019, 02 April

What if things go wrong?

Turbulence is the word doing the rounds in financial markets around the world. All the signs point to the next twelve months as being a challenging period with many different factors playing into investment decisions.

2019, 20 March

March to a domestic bias

Many investment managers believe that you should avoid home bias when managing long term investments. Concentrating too much on your domestic market can leave you exposed to the changing fortunes of local economies. But here, Nikesh Patel, Head of Investment Strategy at UK Kempen Capital Management, argues that the unique nature of the UK’s capital markets means that pension funds are rightly showing more UK bias in their portfolios.

2018, 01 August

Total Cost of Ownership: A framework for ETFs

The indexing landscape has changed. Investors have four options when considering how to implement index mandates: index mutual funds (IMF), Exchange Traded Funds (ETFs), derivatives or separate accounts. In this paper, we focus on ETFs and when and why it might potentially be more efficient from a cost perspective to use an ETF instead of an alternative wrapper.

2018, 30 May

White paper Infrastructure

Infrastructure comprises all the facilities that are crucial to the proper functioning of the economy and society. This includes toll roads, airports and ports, but also drinking water systems, power stations and wind farms. This makes infrastructure a highly diverse asset class. Compared to listed equity investments, for example, it is also a relatively defensive asset class. This is due to the stability of infrastructure assets and the essential nature of the related services.

2018, 08 March

White paper Long-term investing in public equity markets

Jaap van Dam and Lars Dijkstra authored a white paper for the 300 Club on the 'how to' of long-term investing.

2018, 26 January

White paper Private Equity

The aim of this white paper is to examine the characteristics, opportunities and advantages and disadvantages of private equity. We look at the European private equity market in more detail, for illustrative purposes. In this way we expect to contribute to a balanced discussion of this asset class.

2018, 16 January

White paper Real Estate

What can be the benefits of combining listed and non-listed real estate investments in a portfolio? This white paper aims to provide an answer to this question.

2017, 01 November

Dusk of Unconventional Monetary Policies for the Fed & the ECB

Like the light that dwindles at sunset, the central banks are now preparing to curtail their unconventional monetary policies. Now, the time is right for a review of how the rates were affected by such policies, as well as where the rates may trail in the future.

2017, 12 September

What to expect in a low spread environment

The European corporate bond market has performed very strongly in recent years. As a result, credit spreads have tightened to low levels and differences in the creditworthinessof companies are to a large extent no longer reflected in spread levels.

2017, 30 April

Whitepaper Direct lending

The aim of this paper is to examine the characteristics, risks, advantages and disadvantages of direct lending, to contribute to a balanced discussion of this asset class.

2020, 22 January

Kempen sharpens its focus on alternative investments with the appointment of Anne Mei Poppe

Kempen Capital Management (Kempen) has strengthened its alternative solutions team with the appointment of Anne Mei Poppe as alternative investment specialist. Her appointment demonstrates Kempen’s commitment to boosting growth in alternative investments.

2020, 14 January

Kempen boosts Client Solutions team with the appointment of Peter Ruesink

Kempen Capital Management (Kempen) has appointed Peter Ruesink as Fiduciary Manager/Client Director of the Client Solutions team as of 1 January. He will focus specifically on serving institutional fiduciary clients using his expertise on data science strategies. With this appointment, Kempen further specialises as a data driven organisation.

2019, 16 December

Kempen European Private Equity Fund reaches maximum capacity with final close at € 192.5 million

Amsterdam, 16 December 2019. The final close of the Kempen European Private Equity Fund, the private equity fund managed by Kempen Capital Management (Kempen), took place on Friday 13 December 2019. The total committed capital amounts to € 192.5 million, which brings the fund to its maximum capacity.

2019, 11 December

Dutch financials make significant progress with PCAF carbon accounting methodology

The number of Dutch banks, insurance companies and pension funds working on calculating the climate impact of their loans and investments is growing. Seventeen financials with a total assets under management of 2 trillion euros are now part of the Partnership for Carbon Accounting Financials (PCAF), which has developed a carbon accounting methodology to map the carbon emissions of loans and investments.