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Investment Management Expert

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Michael Hunstad, Ph.D.

Global Co-Chief Investment Officer

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Michael Hunstad is global co-chief investment officer for Northern Trust Asset Management (NTAM). In this capacity, he oversees a broad range of investment capabilities from index, fundamental, quantitative and tax-advantaged strategies to active, multi-asset class solutions and alternative investments. Michael is also responsible for the development of investment vision and philosophy and leads an investment team of more than 300 professionals globally. Additionally, he is a member of the Asset Management Executive Group, Investment Policy Committee and Risk Committee.

Most recently, Michael served as deputy chief investment officer & chief investment officer of global equities for NTAM, where he was responsible for all equity portfolio management, research and trading activities and assisted with the development of investment vision and strategy for the firm’s investment platform. Prior to that, he was head of quantitative strategies where he led NTAM’s factor based research, portfolio management and product development programs. Before joining Northern Trust, he was head of research at Breakwater Capital, an algorithmic trading firm and hedge fund. Prior to that role, he was head of quantitative asset allocation at Allstate Investments, LLC and a quantitative analyst with a long-short equity hedge fund.

Michael has 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.

Latest Insights

Stocks stumbled into the New Year with the Federal Reserve’s plans to raise interest rates. Director of Quantitative Strategies Michael Hunstad, Ph.D., forecasts what to expect from equities in 2022 and how investors can prepare.

A handful of companies increasingly influence returns of supposedly diversified equity indexes globally, a danger in particular for passive investing. Head of Quantitative Strategies Michael Hunstad, Ph.D., says active strategies may help.