Dutch asset management company Robeco has liquidated the Robeco BP European Premium fund – a sub-fund of the Robeco Capital Growth Funds Sicav – last 7 March, InvestmentEurope has learned.
The fund, which was launched in December 2015 and run by Joshua Jones and Christopher Hart, invested in small, medium-sized and large value stocks in Europe.
The board of directors of Robeco Capital Growth Funds has decided to liquidate the sub-fund considering that “its total net asset value is less than the amount which the board considers as being the minimum amount required for the existence of the sub-fund in the interest of the shareholders”.
It also argued that the future sales potential of the fund was limited.
As of end December 2017, the fund’s assets under management amounted to €4.6m.