Tobam specialises in running what it calls “anti-benchmark” strategies which involve building diversified portfolios of long only, fully invested, non-leveraged assets, which have the least correlation to each other in a particular sector of the market.
It said its rapid expansion underlines the appetite there is for these so called Anti-Benchmark® strategies.
Tobam manages $9bn (£6.7bn, €8.0bn) for investors across Europe, North America, Asia and the Middle East. The new offices are designed to provide on-the-ground support for its client bases in Europe and North America, as well as a mandate to further grow the firm’s global AUM.
The Zurich office will be managed by Beat Egger, who will hold the position of managing director, business development for Switzerland, Germany, Austria and Liechtenstein.
The Dublin office will be managed by the firm’s chief operations officer David Bellaiche who will seek to capitalise on Dublin’s qualities as a technology hub and a gateway to the global funds industry.
The new Toronto office will complement Tobam’s four-person New York team, and provide client relationships services to Tobam’s clients in Canada.
Christophe Roehri, Tobam’s managing director, said: “From the outset, Tobam has always thought of itself as a global company. We have seen a huge amount of interest in our unique investment process and inflows into our strategies have continued to come in from across the world.
"The new offices are not just testament to the remarkable growth we have enjoyed, they also demonstrate our commitment to providing the best possible, on-the-ground service to our clients."
Tobam bills itself as a pioneer in the smart beta investment industry, and was founded by Yves Choueifaty in 2006.