We are pleased to announce that TOBAM has been awarded “Emerging Markets Manager of the Year” at the 7th annual Pensions Age Awards on 27th of February 2020 in London at Marriott Hotel Grosvenor Square. This award adds to the strong recognition of TOBAM’s Emerging Market strategy which has also been previously awarded last May…
Dr. Tatjana Puhan joins TOBAM as Managing Director, Deputy Chief Investment Officer Working with TOBAM President and CIO Yves Choueifaty, Dr. Puhan will lead investment teams and contribute to the development of TOBAM’s established Maximum Diversification® strategies across equities, multi-asset and fixed income asset classes. She will work closely with TOBAM’s Trading and Research teams…
New strategies backed by major Swiss institutional investor TOBAM is proud to announce the launch of its Anti-Benchmark® Switzerland Equity Strategy. The fund was launched in August 2019 with CHF75million in seed investment by a Swiss pension fund. The new strategy applies the Anti-Benchmark approach to the Swiss equity market, offering investors with an innovative…
Le prestigieux label LuxFLAG ESG a été attribué à ses fonds Anti-Benchmark® basés au Luxembourg. TOBAM est fière d’annoncer que l’ensemble de sa gamme de fonds1 luxembourgeois s’est vu attribuer le label LuxFLAG ESG. LuxFLAG est une organisation internationale indépendante à but non lucratif qui vise à promouvoir l’investissement socialement responsable (ISR). Le label LuxFLAG ESG…
The prestigious LuxFLAG ESG label has been granted to TOBAM’s Luxembourg-registered range of Anti-Benchmark® funds TOBAM is proud to announce that it has been awarded the LuxFLAG ESG label to its full range of funds. LuxFLAG independently verifies TOBAM’s incorporation of sustainable principles throughout its investment process and showcases TOBAM’s commitment to incorporating Environmental, Social, and…
Interview of Justin Bécret – September 2019 TOBAM initiated the Youth Sponsoring Project in 2014, as a sponsorship effort to support the endeavours of young individuals to excel, to challenge their own limits and develop skills unusual for athletes or students their age. WHO ARE YOU AND HOW DID YOU GET INTO SURFING? My name is Justin Bécret,…
A year after the firm applied the reduction to its equities portfolios and indices, TOBAM’s range of Anti-Benchmark® strategies are now all implementing the carbon footprint reduction. TOBAM is proud to announce the adoption of a carbon footprint reduction policy across its Anti-Benchmark® Credit strategies. This systematic carbon footprint reduction of at least 20%…
On 3 June 2019, well in advance of the January 2020 regulatory deadline, TOBAM became one of the first Autorité des marchés financiers (‘AMF’) approved Benchmark Administrators under the EU Benchmarks Regulation (‘BMR’). TOBAM is now included in the European Securities and Markets Authority (‘ESMA’) Register of Administrators as a Benchmark Administrator pursuant to Article…
We are pleased to announce that TOBAM has been awarded “Emerging Markets Manager of the Year” at the 22nd UK Pensions Awards ceremony on the 23rd of May 2019 in London in The Hilton Park Lane. The UK Pensions Awards remains one of the industry’s most prestigious accolades. They shine the light on excellence and recognise the advisers, providers and investment managers that offer…
We are pleased to announce that TOBAM has been nominated in ten separate award categories in three prestigious award ceremonies, which will take place in Q2 2019. Each award is judged on a number of factors including performance, innovation, thought leadership, research capabilities and ESG initiatives. TOBAM is considered to be a strong performer with…
TOBAM offers a quantitative management approach which integrates socially responsible investment criteria via an exclusion list.
Applied to equity and fixed income strategies, respectively since 2007 and 2015, we are looking at Maximum Diversification® indices since 2011, this negative screening is based on the exclusion list published by the Norges Bank, a renowned investment institution and founding member of the PRI , as some other leading institutions.
This exclusion list involves controversial products ( Tobacco, Coal, Weapons ) and other controversial behaviors ( Human rights, Environment and International Laws, severe damages or breaches ).
We are committed to third parties, the industry and the investment companies as another crucial step towards the promotion and development of responsible investment.
Fossil-free focus on two strategies
TOBAM also applies a 100% fossil-fuel free approach to two of its strategies: Anti-Benchmark® Emerging Markets Equity and Anti-Benchmark® Global High Yield.
Companies with significant involvement in the production, sales or extraction of fossil fuels (including coal, coal power generation, oil and gas) are excluded from the investment universes of both strategies.
The Client Service & Business Development team coordinates Client Service and Business Development from Paris and New York offices, and has been continuously expanding together with TOBAM’s AUM growth. The team evolves in a multicultural environment and currently includes members from Europe, America, and Asia.
The Client Service & Business Development team in Paris sits together with the Portfolio Management and Research Team which facilitates the cooperation and constant flow of information between the different teams.
Job Description
Involvement in the client service activity which includes:
Coordinate with IT to set-up customized client reports.
Ensure that client receive timely, quality, detailed information in line with their requirements and in a consistent manner.
Manage product-specific deliverables for external distribution channels.
Contribute on various ad-hoc projects to improve the Client Service and Business Development team operations.
Participate in Business Development process, including but not limited to, RFP content management, production of sales presentations, portfolio analysis, etc.
Other general marketing/sales support as needed.
The Candidate prerequisite
Top-notch business or engineering school.
English fluency and strong writing skills are required.
Strong computer skills: advanced in Excel,
Strong analytical skills, team spirit, proactive, attention to detail, keen to learn and learn fast.
Tobam’s Research team comprises highly skilled mathematicians, engineers, economists & traders.
Job Description
The candidate will:
Share her/his time between academic research and internal quant research projects.
Demonstrate mental agility in a fast-paced, demanding environment.
Have the capacity to operate independently and flexibly.
Report to the Head of Research and the Deputy CIO.
Work out of our Paris office (with home office options)
The Candidate prerequisite
PhD in Physics, Biology, Math, Finance, Economy, …
Proficiency in Python or Matlab.
Excellent English writing skills.
Good general communication skills and team spirit.
Strong interest in financial markets
Definite plus: Strong Academic track record.
6-month Internship (from mid-June)
Pre-employment internship and possibility of Alternance
TOBAM, a quantitative asset management firm with assets approx. $10 billion and 51 professionals (as of December 2021), is currently recruiting an intern to join its Paris-based Client Service & Business Development team. The company offers innovative investment capabilities and provides institutional clients with diversified core equity exposure, both globally and in domestic markets. The firm has been experiencing a significant expansion, one of the largest in the industry, and is looking for a candidate who can contribute to its strong growth.
The Client Service & Business Development Team
The Client Service & Business Development team coordinates Client Service and Business Development from Paris and New York offices and has been continuously expanding together with TOBAM’s AUM. The team evolves in a multicultural environment and currently includes members from Europe, America, and Asia.
The Client Service & Business Development team in Paris sits together with the Portfolio Management and Research Team which facilitates the cooperation and constant flow of information between the different teams.
Job Description
Involvement in the client service activity which includes:
Coordinate with IT to set-up customized client reports.
Ensure that client receive timely, quality, detailed information in line with their requirements and in a consistent manner.
Manage product-specific deliverables for external distribution channels.
Contribute on various ad-hoc projects to improve the Client Service and Business Development team operations.
Participate in Business Development process, including but not limited to, RFP content management, production of sales presentations, portfolio analysis, etc.
Other general marketing/sales support as needed.
The Candidate
Top-notch business or engineering school.
English fluency and strong writing skills are required.
Strong computer skills : advanced in Excel,
Strong analytical skills, team spirit, proactive, attention to detail, keen to learn and learn fast.
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.
Since the adoption of Norges Bank’s exclusion list in 2007, tobam has implemented a number of initiatives to further supplement its sustainable investment approach. tobam’s research department dedicates a significant amount of its time and resources to study the ways in which sustainable investment and ESG topics can be integrated into portfolios without disrupting tobam’s Maximum Diversification® philosophy.
tobam’s research team carried out extensive research on the reduction of the carbon footprint of our portfolios via the implementation of a carbon footprint constraint compared to the market cap weighted benchmark of the investment universe.
Based on our findings, we demonstrated that a systematic reduction of 20% of all of tobam’s portfolios carbon footprint versus their respective benchmark has no significant impact on the portfolio’s risk/return profile, nor on its diversification benefits.
This relative carbon footprint reduction constraint was implemented in the portfolio optimization process, for all Anti-Benchmark® equity portfolios since June 2018, to all Maximum Diversification® Indices since September 2018 and to fixed income portfolios since June 2019.
Stewardship policy
TOBAM considers stewardship as a way to consider its shareholder and creditor position on behalf of its clients to influence investee companies, investors, the asset management industry and our clients. The objective is to take responsibility for long-term value creation, including the value of common economic, social and environmental assets.
TOBAM uses several tools to achieve an efficient stewardship policy and further integration of sustainability principles and good corporate governance in the companies in which it invests.
TOBAM’s Stewardship policy’s primary objective is to identify and influence investee companies under controversies or facing long term challenges and to use our shareholder and creditor responsibility as a way to further the dialogue and to influence best practices. Management of potential reputational, legal, environmental, social risks is the priority of TOBAM’s stewardship policy.
TOBAM uses General Assembly Votes, Engagement, Contribution to Public Goods (Research) and Public Discourse (media & Conferences) to enhance its stewardship responsibility, reach better understanding of investee companies’ policies, develop risk monitoring of controversies, sustainability and climate related risks and promote best practices.
TOBAM’s Research team has built a proprietary methodology to construct the Sustainability Performance Footprint of each individual stock holding in our portfolios, hence the sustainability performance footprint of our portfolios.
Using officially published data from Bloomberg in order to monitor the sustainability criteria for all listed companies of our investment universe:
Existence of climate change / biodiversity / energy efficiency policies ; green building, water and waste usage…
Ethics/Equal opportunity/training/ consumer data protection/whistleblowing policies, CSR committee in place, supply chain management ….
Number of board meetings per year, % independent directors, chairman tenure, % non-executive directors in board …
TOBAM’s is now integrating sustainability and has implemented this hard constraint to all our equity portfolio, in order to optimize portfolios so that they, at minima, match the footprint of their respective benchmark.
As usual, TOBAM’s integration efforts is built in parallel to significant research efforts to ensure that these new additions did not significantly impact the characteristics of our portfolio in terms of risk/return profile, as well as diversification structure.
TOBAM is currently working on integrating the sustainability performance footprint to fixed income portfolios.