Amundi buys into ‘smart beta’

France’s largest asset manager Amundi, has acquired a stake in one of the country’s smaller boutiques, in a move that should promote the development of “smart beta”, a relatively inexpensive investment approach that combines elements of passive and active asset management.

Low or no returns send investors chasing “smart beta”

Whether it is active or passive, it could just be another fad, writes Brendan Maton

D comme diversification maximale : une solution innovatrice

A chaque débâcle financière, les caisses de retraite révisent leur portefeuille afin d’optimiser leur allocation d’actifs, de manière à mieux faire face à la prochaine crise. Afin d’éviter les catastrophes, plusieurs caisses de retraite favorisent une allocation suivant un indice de référence pour gérer le risque le plus efficacement possible.

TOBAM and FTSE launch risk-weighted index series eligible for use in ETFs and structured products

Asset Manager TOBAM and index provider FTSE have launched the FTSE TOBAM Maximum Diversification Index Series, a collection of alternatively weighted indexes based on diversification.

TOBAM’s joint venture with FTSE set to open doors for ETF distribution

TOBAM and FTSE have launched an index series based on diversification, offering a more risk-based view than the more traditional market cap weighting.

Alternative indices continue to rise

HELEN FOWLER finds that a flurry of activity in alternative indices over the past year shows these stratégies are becoming much more mainstream.

Stratégies target emerging markets volatility

Some money managers are rolling out stratégies designed to reduce volatility and provide downside protection in emerging markets as a way to appease skittish investors still wanting to capture superior growth.

Le gérant français TOBAM pousse ses pions outre-Atlantique

TOBAM étend son terrain de jeu vers les Etats-Unis. La société de gestion française, anciennement Lehman Brothers Asset Management France, vient de décrocher un mandat de gestion d’un montant de 150 millions de dollars.

Calpers extends fund-manager investment programme with French buy

Calpers, the biggest pension fund in the US, has taken a 17.5% stake in TOBAM, a French boutique that spun out of Lehman Brothers’ European asset management operation two-and-a-half years ago, as part of its ongoing programme of investing in small fund managers it believes are set for growth.

CalPERS deal is first toehold in US, says France’s TOBAM

Yves Choueifaty, president of Paris-based asset manager TOBAM, has told IPE that an investment in his business by the California Public Employees’ Retirement System (CalPERS) in a joint venture with Strategic Investment Group, as well as a large global equities mandate from the plan, will be the “seal of approval and quality” with which to launch its development among US institutional investors.