Tobam

Tobam, the anti-benchmark product provider has announced a further $150m mandate from a North American institutional investor, taking its total AUM above $6bn.

Paris-based quantitative asset manager TOBAM has announced the appointment of Rudyard Ekindi as head of Marketing.

Alan Brown, member of the 300 Club and senior adviser at Schroders, says the investment industry needs a new model for best practice that does better than rely on factors such as fund characteristics, regulatory environment and risk preferences.