Schroder Property appoints Head of European Multi-Manager (UK)
Tuesday 28 August 2007
Schroder Property has appointed Rob Bingen as Head of European Property Multi-Manager. Bingen has over 15 years experience in continental European property investments having worked at ABP and PVF Pensioenen (now part of Foreign and Colonial) and will be based in the Amsterdam office.
Jenny Buck, Head of Property Multi-Manager commented, “This is a key appointment for us and we were not going to compromise. Rob’s knowledge of the European property market and his indirect contact base are second to none and we are delighted to welcome him to the team.”
Rob Bingen commented, “I was attracted to Schroders for its achievement in the property industry and its fundamental research driven investment process. I am excited about joining such a strong team with the mandate to further grow and develop Schroders’ property multi-manager business in Europe.”
Schroders started its property multi-manager business in 1997 and has since grown the business to over £1.6 billion (2.2bn) of funds under management. Its philosophy has always been to ensure excellence in performance whilst at all times seeking to provide clients with investment solutions that meet their requirements. Rob Bingen’s appointment adds further to the depth and experience of the European team and demonstrates Schroders’ continuing commitment to building a first class global property business.
Schroders closed its first Continental European Fund of Funds in June 2007 and has subsequently launched Continental European Fund II which is due to have its first closing in September. Rob will take over as the Fund Director on his arrival.