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Sal joined IndexIQ from Deutsche Asset Management (DeAM), where he held a number of senior positions. Most recently, Sal was a Director and Portfolio Manager for a US large cap core equity mutual fund with approximately $6bn in assets under management. The fund’s strategy combined traditional fundamental equity research with a multi-factor quantitative model in a disciplined, risk managed process. Prior to becoming Portfolio Manager, Sal was the Head of Advanced Quantitative Research at DeAM. In this role, he recruited and hired 7 senior level researchers, including 2 Ph.D.’s. Sal directed the quantitative research effort to support numerous products, including quantitative equity strategies, global asset allocation, passive risk-based alternative beta portfolios, and probabilistic efficient frontiers. He also co-developed the strategy to combine fundamental and quantitative research into a single portfolio. This strategy became widely used to manage several equity strategies within DeAM, including the mutual fund for which Sal subsequently become a portfolio manager. As the Global Head of Active Equity Quantitative Strategies for DeAM, Sal managed a team of 13 analysts around the world. The team provided quantitative tools and support for the Active Equity fundamental portfolio managers and research analysts on a variety of topics, including quantitative equity models, portfolio construction, risk management and performance measurement and analysis. Sal earned a Bachelor of Science in Applied Economics and Business Management from Cornell University and a Master of Business Administration in Finance and Economics from New York University Leonard N. Stern School of Business. He is a member of the NYSSA and the CFA Institute. He also is Series 7 and Series 63 certified. | 