S& P 500 hits all time highs U.S.-Japan trade deal optimism
LONDON - Investment management firm Boston Partners has increased its stake in Bermuda-based insurer Hiscox Ltd (LSE:LON:HSX) to 5.18% of voting rights, according to a regulatory filing released Thursday.
The New York-based asset manager, formerly known as Robeco Investment Management, now holds 17,465,698 voting rights in Hiscox, crossing above the 5% threshold that requires public disclosure. The previous notification showed Boston Partners held a 4.93% stake.
The change in ownership occurred on June 25, with Hiscox being notified on June 26, according to the standard form for notification of major holdings filed with the London Stock Exchange (LON:LSEG).
The filing indicates that Boston Partners Global Investors, Inc., which is controlled by ORIX Corporation, holds all voting rights directly, with no financial instruments involved in the transaction.
The disclosure was made in accordance with regulatory requirements that mandate investors to report when their holdings cross certain thresholds. The information was provided through a regulatory news service filing, which serves as the standard method for companies to disclose significant changes in shareholding structure.
Hiscox Ltd is listed on the London Stock Exchange and specializes in specialty insurance and reinsurance products.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.