Northern Trust Asset Management has again expanded its quantitative investment strategies team, seeking to get ahead in the competitive space. Four of its central hires come from Dutch pension company APG’s asset management division.
A total of 13 new hires have joined the Amsterdam office in quant research and development and portfolio analyst roles. From APG Asset Management, Tim Zwinkels and Edmund Wadge have been named senior quantitative researchers, Maarten Smit a senior portfolio analyst and Gijsbert de Lange an investment solutions expert.
Guido Baltussen, international head of quant strategies, told Global Trading: “These individuals are further strengthening the platform, and showing the market that we’re really investing in quant. It’s a key focus area for us.”
These are the latest in a string of quant hires from Northern Trust. Baltussen was appointed in late 2023, and joined by Milan Vidojevic as director the following January. Last November, Jan Rohof became APAC director of the division.
Baltussen continued: “We have strong heritage with the quality factor. Everything we do is focused on risk efficiency. We want clients to understand every base point of risk that they take. That’s where most of our research efforts go.
“To do effective research you need certain tech skills, and the people using that research need to know what they’re doing with it. You need to understand what’s happening to bring the best returns to clients.”
At the end of 2024, Northern Trust Asset Management managed US$43 billion in quant strategies across equities and fixed income.
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