Paris-based asset manager Tobam is making seven of its strategies available to investors in Italy, Spain, Switzerland, Finland, Netherlands and Belgium.
Tobam has already opened its funds to investors in France, the UK, Germany and Austria, while it also boasts major institutional clients from all those countries as well as five of the six new countries now accessible to international investors.
The firm will work closely with Amundi — the joint-Credit Agricole and Societe Generale property, and also a minority owner of Tobam — to handle the new distributions.
The move ensures access to up to seven of the firm’s funds, including its flagship Anti-Benchmark All Countries World, Emerging Markets, US and World Equity Funds, and comes after Tobam recently topped the $8 billion mark in assets under management.
“The six new countries are all major markets for investment fund sales in Europe, and regions that are have recognized the value of smart beta as an investment strategy," says Christophe Roehri, managing director. "We are confident that our track record, approach and performance, will make our funds stand out in the all-encompassing ‘smart beta’ space, and will result in significant interest from retail investors via distribution networks.”
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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