TOBAM
Adrien F. has a diverse and extensive work experience in the financial industry. Adrien started their career as a Research Part-Time at DIAMANT BLEU GESTION in 2012. Later that year, they also worked as a Research Intern at fifty-five. In 2012, they joined EPEX Spot as a member of the Working Group, where they designed a method for predicting short-term Swiss electricity prices and completed their master's thesis on the topic. Adrien then transitioned to BNP Paribas in 2014, where they served as a Market Risk Analyst, focusing on position and models for equity derivatives. In this role, they analyzed and controlled trading desk risks and validated valuation methodology adjustments. In 2016, they joined TOBAM as a Quantitative Researcher, where they have been responsible for developing, backtesting, and implementing equity and multi-asset portfolio strategies. Their work at TOBAM includes the creation of innovative allocation models and strategies based on statistical and fundamental signals.
Adrien F. has a Grande école d'ingénieur degree in Spécialisation Finance de marché from ENSAE Paris. In addition, they have completed a M2MO (ex DEA laure Elie) degree in Mathematique de la modelisation aléatoire from Université Paris Cité, during the academic year 2012-2013.
TOBAM
TOBAM is a Paris-based asset management firm. Formed in 2005 by Yves Choueifaty, it is independent and employee-owned. TOBAM’s Maximum Diversification® approach, supported by original, patented research and a mathematical definition of diversification, provides clients with diversified core exposure, in both the equity and fixed income markets. The company manages close to $10 billion (as of December 2021) in equities and fixed income strategies. TOBAM also offers the Maximum Diversification® Indices, a set of indices based on TOBAM's Maximum Diversification approach. In line with its mission statement and commitment to diversification, TOBAM also launched a separate activity on cryptocurrencies in 2017. The team is composed of 54 professionals from 18 different nationalities in 6 main offices worldwide (Paris/New York/Dublin/Hong Kong/Luxembourg/Frankfurt). TOBAM is regulated by the Autorité des Marchés Financiers (AMF) since June 2006 and is a SEC registered investment adviser since May 2011. TOBAM’s investment philosophy consists in maximizing diversification in order to collect the risk premium of an asset class. TOBAM’s Anti-Benchmark® strategy is based on the Maximum Diversification® approach, designed to maximize the degree of diversification when selecting the weighting of assets in the portfolio allocation process. The Diversification Ratio® is maximized to produce a portfolio designed to access risk premium evenly from all the effective independent sources of risk available in the market at any given time. TOBAM’s approach is quantitative and does not use any predictions of expected return, neither for the assets nor for any underlying risk factors.