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- What We Do
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- Insights & Research
Investment Management Expert

Michael Hunstad, Ph.D.
President, Asset Management
Michael is president of Northern Trust Asset Management (NTAM), one of the world’s largest investment managers with approximately $1.3 trillion of assets under management. NTAM has earned the confidence of global investors by providing sophisticated solutions that helps them confidently navigate all market environments – so they can realize their most important goals.
As president, Michael is responsible for developing long-term business strategies, delivering world-class investment solutions and services for its clients, cultivating strategic relationships, and developing talented investment professionals. Michael is also a member of Northern Trust Corporation’s Management Group in Chicago.
Most recently, Michael served as global co-chief investment officer for NTAM. In this capacity, he oversaw a broad range of investment capabilities from index, fundamental, quantitative and tax-advantaged strategies to active, multi-asset class solutions and alternative investments. Michael was also responsible for the development of investment vision and philosophy and leads an investment team of more than 300 professionals globally.
Michael also served as deputy chief investment officer and 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.
IMPORTANT INFORMATION
NTAM AUM as of {{as_of_date}} was {{aum_value}}. Northern Trust Asset Management is composed of Northern Trust Investments, Inc., Northern Trust Global Investments Limited, Northern Trust Fund Managers (Ireland) Limited, Northern Trust Global Investments Japan, K.K., NT Global Advisors, Inc., 50 South Capital Advisors, LLC, Northern Trust Asset Management Australia Pty Ltd and investment personnel of The Northern Trust Company of Hong Kong Limited and The Northern Trust Company.