Netherlands-based asset manager Robeco, which opened its Sydney office in 2012, has been specialising in quantitative strategies for Australian institutional clients.
Robeco Australia head Stephen Dennis said his firm has worked with HESTA for some time and is "delighted" to be entrusted by such a "prestigious" client.
"Robeco’s low volatility global equities strategy is a great fit for superannuation funds such as HESTA, who are looking to capture global equity returns with less risk," Mr Dennis said.
"This strategy uses Robeco’s proprietary quantitative method based on award-winning research which exploits the low-risk anomaly – aiming to maximise the sharpe ratio."