Diversify. Diversify. Diversify. For years it was a trusted mantra: The simple idea that to mitigate the impact of nasty surprises from one company or sector, investors should hold a diversified portfolio of stocks
from a cross-section of industries.
Equity indexation using Market Cap-weighted portfolios appears so natural to investors today that it is easy to forget that indices have not always been considered as central to the investment process.
Diversification, with the promise of solid but safe returns, seems the closest thing to a free lunch investors can get. Strangely, the investment industry has never defined what diversification is, says Paris-based mathematician and money manager Yves Choueifaty.
The £ 10.5 bn pension fund sponsored by Royal Dutch Shell in the UK has become the latest big investor to stage a retreat from active fund management, in a further blow to managers already suffering from reduced market values and a poor economic outlook.
Officials at the 2.59 trillion Norwegian kroner ($458 billion) Government Pension Fund-Global will
consider a proposal to overhaul the Oslo-based fund’s benchmarks into ones that mimic active strategies,
a move that eventually could cut the need for external active managers.
For over 40 years, our industry has relied on the capital asset pricing model (CAPM) beta and the capitalization weighted market portfolio for asset allocation, for market representation and for our default core equity investments. This elegant worldview is now under siege from various directions.
ETFM asked a panel of experts to discuss the growth of fundamental indices and how they are performing during the current economic climate
The emergence of alternative systematic equity indices raises profound questions about how we define
‘the market’, and how pension funds should benchmark and invest their core portfolios, writes Martin
Steward
Global Pensions asked a panel of experts to discuss the growth of fundamental indices and
how they are performing during the current economic climate
La théorie, mise au point par TOBAM, consiste à redistribuer le poids des titres selon le risque qu’ils portent. Un concept étendu à un nouveau compartiment.
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.
Discover Aurélia’s interview from April 2022
Good Luck Aurélia!
