When Robeco announced in September 2015 that Roderick Munsters would be stepping down as chief executive of one of Europe’s oldest asset managers, headhunters were in agreement that he was unlikely to be short of offers.

Now, roughly six months after officially leaving the Dutch manager, which was founded in 1929, in November, Munsters has re-emerged as global CEO of Edmond de Rothschild Asset Management, according to a statement from the firm on May 9. The Dutch-Canadian replaces Laurent Tignard at the helm of the € 78 billion asset management arm of the Edmond de Rothschild Group.