Life on planet TOBAM

Quantitative asset managers aren’t particularly noted for prioritising ESG matters, and sure enough Parisian boutique TOBAM pursues an investment methodology, dubbed ‘Maximum Diversification’ or ‘Anti-Benchmark’, that is based on the idea that it doesn’t pay to make any judgement about the future prospects of a company or stock.

TOBAM launches Anti-Benchmark Pacific ex-Japan Fund

Paris, June 7, 2012 – The asset manager TOBAM today announced that it has launched the Anti-Benchmark Pacific ex-Japan Equity fund (UCITS IV). The fund has been launched with seed funding from Seven Investment Management. The Anti-Benchmark Pacific ex-Japan Fund seeks to  maximize diversification across the investment universe, as represented by the MSCI Pacific ex-Japan…

Amundi buys into ‘smart beta’

France’s largest asset manager Amundi, has acquired a stake in one of the country’s smaller boutiques, in a move that should promote the development of “smart beta”, a relatively inexpensive investment approach that combines elements of passive and active asset management.

TOBAM and Amundi sign partnership

Paris, May 22nd, 2012 – Amundi and TOBAM today announced the signature of a strategic partnership. This partnership includes: –       A distribution agreement under which Amundi, with its wide-reaching international distribution capabilities, will make TOBAM’s Anti-Benchmark strategies available to its clients. –       The acquisition of a 17.5% minority equity stake by Amundi in TOBAM, acquired…