Paris-based asset manager Tobam has cast its net wider in Europe, making seven strategies in its Sicav range available to investors in Italy, Spain, Switzerland, Finland, Netherlands and Belgium.
The firm, which uses ‘smart beta’ investment strategies, has secured institutional investment from five of the six new countries.
The seven funds include Tobam’s Anti-Benchmark All Countries World, Emerging Markets, US and World Equity funds.
Earlier this month the firm reported an increase of over 50% in its assets under management since the start of 2014 and now manages over $8 billion (€7.4 billion) following recent inflows from a number of institutional investors. The firm’s current focus is to add to this interest on the institutional side by building up its retail investment base.
Tobam's Anti-Benchmark strategy, founded by the firm’s president Yves Choueifaty, seeks to maximise diversification while avoiding the concentration of risk found in traditional market-cap weighted benchmarks.
Christophe Roehri, managing director of Tobam, says: “The six new countries are all major markets for investment fund sales in Europe, and regions that have recognised the value of smart beta as an investment strategy.”
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