Investment Management Expert
Michael Hunstad, Ph.D.
Head of Quantitative Strategies
Michael Hunstad is head of quantitative strategies at Northern Trust Asset Management with responsibility for all quantitative equity research, strategist, and quantitative equity portfolio management activities.
Previously, Michael was director of quantitative research where he was responsible for leading Northern Trust Asset Management's factor-based research and product development programs.
Prior to joining Northern Trust, he was head of research at Breakwater Capital, an algorithmic trading firm and hedge fund. Previously, he was head of quantitative asset allocation at Allstate Investments, LLC and a quantitative analyst with a long-short equity hedge fund. He also served as an adjunct professor at the Illinois Institute of Technology.
Michael holds a Ph.D. in mathematics, an MBA in finance, an M.A. in econometrics and a bachelor's degree in economics. He has published more than 50 articles and papers in professional and academic journals including Pensions & Investments, European Pensions, the Journal of Index Investing, the Alternative Investment Analyst Review, the Journal of Financial and Strategic Decisions and the Journal of Corporate Treasury Management. Michael has also spoken at more than 200 conferences across North America, Europe, Asia, the Middle East and Australia/New Zealand.
June 3, 2019
We are seeing a strong negative return skew for the first time since October 2018. Investors should come to expect the negative skew and prepare accordingly. Head of Quantitative Strategies Michael Hunstad explains.
April 1, 2019
Markets steadily trended up during the first quarter. On the surface the picture seems quite rosy but a look under the hood reveals a market that has reached a boiling point. Head of Quantitative Strategies Michael Hunstad explains.
March 27, 2019
The momentum factor overlaps with other factors, potentially creating unintended risks. Skillful design and risk management can make all the difference.
February 12, 2019
If you’re an investor, you’re likely already a factor investor. Learn what this means, and more importantly, why it matters.
February 2, 2019
Don't let the yield curve hurt your factor investments. Learn what our research shows are the most vulnerable factors to changing rate environments and how to avoid unintended consequences.