Robeco, the €228bn ($302bn) Dutch fund manager which yesterday bought Sustainable Asset Management, a Swiss fund manager, is also looking to make an acquisition in France.

George Möller, chief executive of Robeco, said he is looking to buy a European equity manager. Robeco has adopted a network approach, where individual teams or subsidiaries need not work out of its headquarters in Rotterdam. The team at SAM will remain in Zurich.