Tobam, a Paris-based manager that runs strategies related to smart beta, has seen an increase of over 50% in its assets under management (AUM) since the start of 2014.
The firm has gained the most assets since December last year, with net inflows totaling $2.1 billion (€1.9 billion).
Total net inflows since the start of 2014 were $2.6 billion, contributing to a 56% increase in AUM.
Tobam, which offers an ‘Anti-Benchmark’ product range covering equities and fixed income, now has $8.7 billion in assets under management, up from $2.79 billion at the end of 2012.
Since the start of 2014, the firm has gained allocations from over 20 international institutional investors spread across Europe, North America, Asia, and most recently, the Middle East.
These include public and corporate pension funds, sovereign wealth funds, and insurance companies.
Tobam’s Anti-Benchmark strategy is a variation on smart beta investing and has been running since 2006. It aims to maximise diversification while avoiding the concentration of risk found in traditional market-cap weighted benchmarks.
Yves Choueifaty, president of Tobam, says: “The last 12 months have been pivotal for Tobam and we fully expect to continue this growth.”
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