Thomas Raffy

Delubac Asset Management seeks to grow savings over the long term as part of a disciplined and exacting conviction-led management approach that is independent of any benchmark.

MAM is an active, long-term, risk-aware manager that constructs portfolios invested in global equity, money-market instruments, and European fixed-income across strategies, market caps, and sectors. As an equity investor, the firm generally follows a conviction-based, bottom-up approach that aims to identify undervalued stocks with good growth prospects as well as special situations such as takeovers, M&As, or MBOs. For fixed-income, MAM follows a combined top-down and bottom-up approach based on fundamental and technical research to invest in money markets, high-quality credits, high-yield bonds, and government bonds.