French quant firm TOBAM with GBP10.2 billion under management is wading into the European wealth market offering its investment services in an anti-benchmark multi asset strategy. As increased compliance post MiFID II impacts even further, more wealth advisers and managers are turning to outsourcing their investment offering, making this an interesting development.
Along the same lines is the launch of Algo-Chain from our own columnist Allan Lane. You can read the Q&A on his ETF platform over on our sister publication, etfexpress.
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Managing Editor, Wealth Adviser