TOBAM Dashboard: Authoritarian Regimes and Investment Risk – Part 1

We are delighted to share with you our most recent research piece: “Authoritarian Regimes and Investment Risk”. This is the first part of a series of research pieces that we are planning to publish on the topic. Wars / conflicts (i.e. – Russia/Ukraine) coupled with rising geopolitical tensions due to autocratic regimes have introduced a…

TOBAM Dashboard: Is the concentration cycle coming to an end?

2022 turned out totally different from what most investors had anticipated in the beginning of the year. In this note, we do not aspire to make predictions about the future. Instead, we provide an interpretation of the most recent evolutions in markets that focuses on the observation of cycles of concentration and deconcentration; after a…

TOBAM Dashboard: Maximum Diversification vs Minimum Volatility – more of the same or truly different?

We are delighted to share with you our recent research piece: “Maximum Diversification vs Minimum Volatility”. You can download the piece below. After mounting evidence of the risks involved in investing in a concentrated, inefficient, biased, and poorly constructed market capitalization weighted index, investors are (yet again) increasingly turning towards the alternative weighting schemes also…