The French boutique asset manager TOBAM has launched the Anti-Benchmark World Equity Fund, using the firm’s flagship “anti-benchmarking” strategy.

In 2007 the firm launched the TOBAM Anti-Benchmark Global Equity Fund, which aggregates its regional anti-benchmark funds. The new fund, however, applies the anti-benchmarking process directly to the universe of global equities, as opposed to aggregating regional funds.

The anti-benchmarking approach is fully quantitative, and is designed to maximise the degree of diversification when selecting the weighting of assets in the portfolio allocation process, according to TOBAM.

The world equity fund is structured as a UCITS III commingled fund and offers daily liquidity.