Yves Choueifaty, Tristan Froidure and Elizabeth Breaden Wonder why the dynamic strategy implied by cap-weighted indices is regarded as ‘passive’ and posit their ‘anti-benchmark’ portfolio as a true proxy for the equity risk premium.
Managers are trying to address poor performance, finds Sophia Grene
Diversify. Diversify. Diversify. For years it was a trusted mantra: The simple idea that to mitigate the impact of nasty surprises from one company or sector, investors should hold a diversified portfolio of stocks
from a cross-section of industries.
Equity indexation using Market Cap-weighted portfolios appears so natural to investors today that it is easy to forget that indices have not always been considered as central to the investment process.
Diversification, with the promise of solid but safe returns, seems the closest thing to a free lunch investors can get. Strangely, the investment industry has never defined what diversification is, says Paris-based mathematician and money manager Yves Choueifaty.
The £ 10.5 bn pension fund sponsored by Royal Dutch Shell in the UK has become the latest big investor to stage a retreat from active fund management, in a further blow to managers already suffering from reduced market values and a poor economic outlook.
TOBAM’s commitment to reflecting environmental, social and governance (ESG) issues in our commingled funds was put into action in January 2007, in collaboration with our European clients. In early 2010, TOBAM signed the UN PRI, further formalizing this commitment. Expanding the scope of our efforts, TOBAM has conducted a Carbon Footprint analysis of its business…
Officials at the 2.59 trillion Norwegian kroner ($458 billion) Government Pension Fund-Global will
consider a proposal to overhaul the Oslo-based fund’s benchmarks into ones that mimic active strategies,
a move that eventually could cut the need for external active managers.
For over 40 years, our industry has relied on the capital asset pricing model (CAPM) beta and the capitalization weighted market portfolio for asset allocation, for market representation and for our default core equity investments. This elegant worldview is now under siege from various directions.
The company announces the signing of a funds distribution partnership with Investeam, Third Party Marketer and sales representative for the Canadian market. This initiative aims to expand TOBAM’s reach to Canadian institutional investors, who comprise one of the world’s largest institutional markets, with over $2,000 billion of outstanding pension assets. According to Yves Choueifaty, President…
Born in Bayonne (South West of France) in 2001, Justin grew up with his feet in the sands.
Supported by his parents who 15 years ago, established the Natural Surf Lodge, between lake, forest and ocean. This environmentally responsible living environment, provides Justin with a beneficial and suitable structure for his training.
A native from the European capital of board sports, Justin has a great desire to travel the world (Australia, Tahiti, Hawaï, Denmark..) which he will be able to do upon being successful in joining the professional circuit, the CT.
In 2022, Justin has been selected to join the highly prestigious Rip Curl Pro Portugal event and is looking to participate to the Olympic games in Paris in 2024.
TOBAM is proud to support this young athlete, who remains humble and accessible. Go for it Justin!
If you want to learn more about Justin, please read “Life of a Surfer“
We are really proud to have another beneficiary of the Initiative, Aurélia Boulanger, a very talented young triathlete.
Aurelia just graduated as an engineer, specialized in urban planning and sustainable buildings.
She started her triathlete career in 2018, and became the winner of the 2019 French long distance triathlon.
TOBAM is proud to support a female athlete, in a sport that is less prone to media attention but requires an absolute dedication and commitment to trainings and competition.
Her objective this year is to qualify for the Triathlon 70.3 World Championship, due to be held on December 2022 in New Zealand. This “half-Ironman” is a long-distance triathlon race consisting of 1.9km swim (1.2 mile), 90km bike (56 miles), and 21.1km run (13.1 miles) !
Aurelia’s dedication to her sport, trainings and objectives sets a high example for all of us. We are happy to support Aurélia for her future endeavours.
Discover Aurélia’s interview from April 2022
Good Luck Aurélia!
