We can offer a range of index-plus, enhanced and global index management strategies designed to generate alpha across risk spectrum.
Various quantitative measures provide insight into how securities markets behave over time. Our multi-factor quantitative approach seeks to identify and exploit this information using a risk-controlled approach to add alpha over a full market cycle.
Portfolios are designed to take a large number of small active positions by overweighting or underweighting a security relative to the benchmark based on several qlobal index factors such as valuation, momentum, profitability and management signals.
The following strategies can be used on a stand-alone basis as well as in combination with Index/Active strategies to target specific risk/return objectives in the long term.
Index-Plus Strategies: Portfolios are designed with an Alpha Target of 50-100bps
Enhanced Strategies: Portfolios are designed with an Alpha Target of 150-200bps
Global Index Management Strategies: Portfolios are designed with an Alpha Target of 300-450bps
David Lester is a Vice President at Northern Trust Global Advisors. Based in the Toronto office, David leads the asset management sales effort at Northern Trust in Canada. With a focus on providing innovative investment and outsourcing solutions to the marketplace, David will be working closely with pension plan sponsors, charitable organizations, and other institutional investors. David started his investment career in 1996 with a retail mutual fund company. Prior to joining Northern Trust, David spent 12 years at SEI, most recently as the Director of National Accounts where he lead the firm’s institutional sales and marketing efforts.
David has authored a range of articles on pension-related topics in addition to speaking at industry conferences. He is a past chair of the Ontario Regional Council of the Canadian Pension & Benefits Institute and is a member of the Toronto CFA Society.
David holds a Bachelors Degree in Mechanical Engineering from McGill University where he was awarded the British Association Medal for Great Distinction. David graduated from INSEAD in Fontainebleau France with distinction, where he received a Masters Degree in Business Administration.