Mike Hunstad, Ph.D., is head of Quantitative Strategies and senior vice president of Northern Trust Asset Management. He’s been with the firm for eight years and earlier was with Breakwater Capital and Allstate Investments.
We must regard the current market turbulence as part of the new normal. The facts clearly show why. Over the last decade, volatility has become more frequent and extreme; something we don’t see changing.
In these conditions, we believe factor-based strategies that focus on high quality, low volatility securities are an excellent option.
They are designed to mitigate risk, reduce drawdowns and add significant excess return in times of economic and market stress.
Client interaction is very important, and something I greatly enjoy. Being unable to meet in person is definitely a challenge.
Fortunately, we have very strong relationships and digital tools at our disposal. So, whether through frequent video chats, broader-based webinar platforms or old-fashioned phone conversations, we’re certainly staying engaged.