Matthew Peron has been named Managing Director, Global Equity at Northern Trust Asset Management, a new role that brings together active and index equity teams in order to harness the strengths of both disciplines in the development of investment solutions for Northern Trust clients.
Peron brings 23 years of industry experience to the position, which includes oversight of investment professionals managing US$407 billion in active and index strategies for Northern Trust clients worldwide.
“We are pleased to announce Matt Peron’s appointment to this newly created global role where he can continue to foster the collaboration across active and index equity teams that has helped us innovate on behalf of our clients,” said Stephen N. Potter, President of Northern Trust Asset Management. “Under Matt’s strong leadership, we are positioned to focus on a strategy that employs the full spectrum of quantitative equity investing – from index replication and alternative index management to factor-driven engineered solutions. Greater alignment of these teams will also allow us to further share best practices in research, risk management and portfolio construction.”
Collaboration between active and index equity has been a feature of Northern Trust’s thought leadership and product development in recent years. White papers issued to educate and inform clients around the blurring line between passive and active management include “The New Active Decision in Beta Management” and “Understanding Factor Tilts,” which can be accessed at northerntrust.com/alternativeindex. Strategies developed by this collaboration have been delivered in a range of vehicles, including exchange-traded funds.Peron was formerly Managing Director, Active Equity, and has also been a Senior Portfolio Manager and Director of Equity Research since joining Northern Trust in 2005. Prior to Northern Trust, he held senior risk management and quantitative analyst roles at Alliance Capital, Bank One and Lincoln Capital Management. Peron holds an M.B.A. in finance from the University of Chicago and a B.S. in electrical engineering from Swarthmore College.