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NEW YORK - Boston Partners, formerly known as Robeco Investment Management, Inc., has altered its holdings in Hiscox (LON:HSX) Ltd, a Bermuda-based insurance provider, according to a regulatory filing with the London Stock Exchange (LON:LSEG). The transaction resulted in Boston Partners’ voting rights in Hiscox falling below the previous threshold.
On June 2, 2025, Boston Partners’ share of voting rights in Hiscox decreased to 4.93% from 5.298%, with the total number of voting rights held now at 16,622,179. This change in ownership crossed the notification threshold that necessitates disclosure to the market and the issuer, which was subsequently notified on June 4, 2025.
The filing, known as a TR-1 notification, is a standard form for the notification of major holdings and is required under UK regulatory rules when an investor’s share of voting rights in a listed company reaches, exceeds, or falls below certain percentage thresholds.
Boston Partners is under the ultimate control of ORIX Corporation, and the shares are held through Boston Partners Global Investors, Inc. The notification did not indicate any voting rights held through financial instruments, suggesting that the entire holding is through direct share ownership.
Hiscox Ltd, with the ISIN BMG4593F1389, is a global specialist insurer, listed on the London Stock Exchange and domiciled in Bermuda, which is classified as a non-UK issuer.
This type of transaction is closely watched by investors as it can signal changes in a major investor’s stance on a stock, potentially reflecting a strategic shift or a response to the company’s performance or prospects. The disclosure is part of the market’s regulatory framework designed to maintain transparency and inform all market participants.
The details of the transaction were completed and reported from Boston, MA, USA, on June 4, 2025. This news is based on a press release statement and is intended to provide investors with up-to-date information on significant changes in major shareholdings in publicly traded companies.
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