TOBAM Winner

While traditional approaches to multi-asset investing are top-down, TOBAM’s Anti-Benchmark multi-asset strategy is known for its 100% bottom-up approach. TOBAM, which calls the approach Maximum Diversification, helps meet needs of pension funds that seek an unbiased core exposure to their desired asset classes.

The firm’s approach is supported by TOBAM’s original, patented research as well as a mathematical definition of diversification that provides clients with a variegated core exposure in both the equity and fixed income markets. The firm strives to implement environmental, social and governance criteria in this investment process as well.

Through TOBAM’s bottom-up approach, the firm invests without macroeconomic views, and without forecasting asset price movements. TOBAM makes no bets. So far, the firm’s Anti-Benchmark multi-asset performance portfolio has returned 4.0% annualized from inception in December 2016, up to June 30, 2023.

Finalists

• Goldman Sachs Asset Management
• LGIM America
• Lumenai Investments LLC