Independence - Judgement - Patience - Discipline - Vision INDEPENDENCE AS A FOUNDING VALUE! IAM said: “No conflict of interest!” When the three principle asset management activities (wealth protection, trading, and securities management) are joined together under one roof, conflicts of interest necessarily appear. To prevent this from happening, IAM is content to serve only one of these activities: securities management. The other tasks are entrusted to external stakeholders according to customer requirements and competitive market forces. In that way, IAM guards its INDEPENDENCE. THE COURAGE TO GO AGAINST THE FLOW! Avoiding the pitfalls of fashion and consensus, and thanks to the countercyclical approach it has taken since 1995, IAM has been able to deliver to its customers a superior performance over the long term, thanks to its emphasis on its freedom of JUDGEMENT. RUSHING IS USELESS, ONE HAS TO INVEST ON TIME We are not speculators. We favor a long and stable growth of capital by investing with PATIENCE. FAITHFUL TO OUR BELIEFS SINCE 1995! Whatever the future brings, we strictly follow our investment strategy by taking advantage of long experience and relying on strong convictions and great DISCIPLINE. WE ALWAYS TAKE THE LONG VIEW! We know to step back and anticipate trends while staying the course, by investing with a long term VISION.