# TOBAM

TOBAM is an Asset Manager based in Paris, France.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Paris, France
- **Region:** Europe
- **Address:** Paris, France
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** tobam.fr
- **LinkedIn:** https://www.linkedin.com/company/tobam

## Regulatory record

- **CRD number:** 157107
- **SEC file number:** 801-72248
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/157107

## About

TOBAM is an independent, employee-owned asset management company offering innovative investment capabilities. It is a research-driven asset manager whose flagship Maximum Diversification approach provides diversified core exposure in equity and fixed income markets. The firm also offers LBRTY to mitigate exposure to autocratic regimes, Bitcoin-related strategies under ₿TOBAM, and bespoke solutions via TOBAMSolutions. It manages equities, fixed income, multi-asset and digital assets strategies.

## Sectors

- Quantitative Finance
- Equity Long/Short
- Risk Management
- Diversification

## Offices

- New York, NY, United States

## People

- Yves Choueifaty — Founder & Chief Investment Officer

## Questions

### Who runs investment decisions at TOBAM?

Founder Yves Choueifaty serves as Chief Investment Officer and is the architect of the firm's Maximum Diversification methodology. The investment team implements the automated portfolio construction process with oversight from the CIO.

### How does TOBAM's Anti-Benchmark strategy differ from minimum-volatility or smart-beta ETFs?

Most smart-beta strategies target historically measured low volatility or factor exposure. TOBAM maximizes the Diversification Ratio — the ratio of weighted average stock volatility to portfolio volatility — in real time, which systematically reduces the weight of the highest-correlation single stocks. The methodology is patented and peer-reviewed (per Journal of Portfolio Management, 2008).

### What is the known track record of TOBAM's flagship strategy?

TOBAM publishes monthly performance for its Anti-Benchmark series. The strategy has historically shown lower drawdowns than cap-weighted equivalents during market downturns (per published factsheets). The firm does not disclose composite track record outside of its periodic reporting.

### Does TOBAM offer only long-only equity exposure?

The firm's primary focus is long-only equity. It also manages long-short and market-neutral versions of its Anti-Benchmark strategy for institutional mandates. The core offering remains transparent, liquid, long-only equity UCITS funds.

## Related profiles

- [Krane Funds Advisors](https://altss.com/profile/krane-funds-advisors-llc)
- [RIM GROUP](https://altss.com/profile/rim-group)

---

Last updated: 2026-08-11T15:08:18.003Z

Canonical page: https://altss.com/profile/tobam

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology