Executive Committee

Yves Choueifaty

President & Chief Investment Officer

Mr. Choueifaty is a Mathematician and the Former CEO of Credit Lyonnais Asset Management (“CLAM”, AUM €70B). Having spent more than 10 years with CLAM in diverse senior roles (CIO, Head of Financial Engineering and Quantitative Investment Management), Mr Choueifaty left in 2004, went back to Mathematics research and founded the Maximum Diversification® approach and TOBAM in 2005. As one of the pioneers of the smart beta movement, Yves Choueifaty is a frequent speaker at conferences and is a member of The 300 Club (17 members throughout the world), whose mission is to raise awareness about the potential impact of current market thinking and behaviours. Mr Choueifaty graduated in 1992 from ENSAE (leading French Engineering School) in Statistics, Actuarial studies, Finance, and Artificial Intelligence.

David Bellaiche

Chief Operating Officer

Mr. Bellaiche joined TOBAM as Portfolio Manager in 2006 and was Head of Portfolio Management at TOBAM from September 2008 to January 2013. Prior to that, he was a portfolio manager at Amundi within the Arbitrage and Convertible Bonds team after having run the Amundi quantitative analytics and technology teams (60 persons). During the merger between Credit Lyonnais Asset Management (“CLAM”) and CAAM which formed Amundi, Mr Bellaiche led the IT and quantitative analytics transition between the companies. Mr Bellaiche started at CLAM in 2000 as the Head of IT Research and Development and he began his career in February 1997 as a systems developer at IBM in France. Mr Bellaiche received his Diploma of Engineering from ENAC, Toulouse, France in 1997.

Tristan Froidure

Head of Research

Mr Froidure joined the team in April 2007 from Lehman Brothers International (Europe) Capital Markets where he was responsible for devising systematic, quantitative strategies applicable to options. Prior to that, he was senior portfolio manager at LibertyView for 7 years, a Lehman Brothers-owned Hedge Fund based in the United States where he was head of international trading, and co-responsible for launching and managing LibertyView’s Global Volatility Fund, a $350 million Hedge Fund. Mr Froidure received his diploma of Engineering with a Non-Linear Mechanics major from the Ecole Centrale de Lyon in 1996, and received his MBA from New York University’s Stern School of Business in 2005.

Christophe Roehri

Head of Business Development

Mr Roehri joined the team in 2009 from Fortis Investments, where he was in charge of French institutional investors, after spending 3 years at Amundi (previously Credit Agricole Asset Management), developing the institutional client base in Paris. Prior to his European-based roles, Mr. Roehri held different positions for Credit Lyonnais, both in the USA (1999-2003), where he developed the bank’s corporate banking activities in New York, and in Asia (1997-1999), where he was involved in corporate finance and leveraged loans for Asian-based subsidiaries of European corporates. Mr. Roehri graduated in 1997 from EM Lyon Business School, with a major in Finance.

Tatjana Puhan

Deputy Chief Investment Officer

As Deputy Chief Investment Officer, Tatjana Puhan is responsible for the management of all research and product creation-related projects, ensuring the consistency and application of TOBAM’s patented investment process. In her role, Tatjana is co-Head of Research and Portfolio Management as well as managing the trading teams based in Paris and Dublin. The scope of TOBAM’s product offering is equity, fixed income, multi asset and crypto-currencies funds, mandates and indices targeting clients globally (insurance companies, pension funds, corporates, but also wholesale, retail insurance clients with a strong focus on North America and Europe). Moreover, Tatjana is a strong contributor to the frequent road shows and sales pitches undertaken by TOBAM, and the development of its strategic partnerships. She is a leading TOBAM spokesperson and participates in conferences, client events and academic forums. In her role, Tatjana also dedicates time to research and articles.

Tatjana joined TOBAM from Swiss Life Asset Managers where she was Head of Equity and Asset Allocation for Third Party Asset Management. In this role, she was responsible for a number of the company’s flagship strategies, most notably its investment solutions utilising systematic and proprietary quantitative approaches, as well as contributing to Swiss Life Asset Managers’ asset allocation and equity research initiatives. She has more than 15 years’ investment experience, worked at a number of leading asset management and private banking businesses while also bringing a strong academic and research background.

Tatjana holds a Master’s degree in Finance and Business Administration from the University of Hamburg, and gained her Ph.D. in Finance from the Swiss Financial Institute at the University of Zurich, with research fellow appointments at the University of Zurich, Kellogg Business School (Northwestern University) and the University of Hamburg. She is a lecturer in finance at the University of Mannheim and an associated researcher of the Hamburg Financial Research Center.