Some money managers are rolling out stratégies designed to reduce volatility and provide downside protection in emerging markets as a way to appease skittish investors still wanting to capture superior growth.
TOBAM étend son terrain de jeu vers les Etats-Unis. La société de gestion française, anciennement Lehman Brothers Asset Management France, vient de décrocher un mandat de gestion d’un montant de 150 millions de dollars.
Calpers, the biggest pension fund in the US, has taken a 17.5% stake in TOBAM, a French boutique that spun out of Lehman Brothers’ European asset management operation two-and-a-half years ago, as part of its ongoing programme of investing in small fund managers it believes are set for growth.
Yves Choueifaty, president of Paris-based asset manager TOBAM, has told IPE that an investment in his business by the California Public Employees’ Retirement System (CalPERS) in a joint venture with Strategic Investment Group, as well as a large global equities mandate from the plan, will be the “seal of approval and quality” with which to launch its development among US institutional investors.
La société de gestion a lancé, au mois de décembre dernier, un nouveau fonds systématique avec le MSCI World comme univers d’investissement. Le processus utilisé est le même que celui déjà développé dans ses autres produits.
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.
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!
