TOBAM
Yves Choueifaty has held various roles throughout their work experience. Yves served as the President of TOBAM starting in 2005 and became a Member of The 300 Club in 2011. From 2014 to 2018, they were the President of the Supervisory Board at WeNow. Prior to these positions, they worked as the Head of Quantitative Asset Management at Lehman Brothers from 2006 to 2008. Yves also served as the CEO of Crédit Lyonnais Asset Management from 2001 to 2004 and as the Chairman of the Board at ABF Capital Management from 2000 to 2004.
Yves Choueifaty attended Jamhour from 1978 to 1985. Then, they studied at Lycée Louis le Grand from 1987 to 1989, earning a degree in HX3 XM'2. Finally, they attended ENSAE Paris from 1989 to 1992. There is no information provided about the degree or field of study at ENSAE Paris.
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.