Authors > Salvatore J. Bruno

Salvatore J. Bruno

Chief Investment Officer and Managing Director | IndexIQ

Sal is Chief Investment Officer at IndexIQ, where his primary responsibility includes developing and maintaining the firm’s investment strategies. Sal joined IndexIQ in 2007 from Deutsche Asset Management (DeAM) where he held a number of senior positions. Most recently at DeAM, Sal was a Director and Portfolio Manager for a U.S. large cap core equity mutual fund. 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. 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 would subsequently become a portfolio manager.

Sal earned a Bachelor of Science degree in Applied Economics and Business Management from Cornell University and a Master of Business Administration degree in Finance and Economics from New York University’s Leonard N. Stern School of Business. He is a member of the NYSSA and the CFA Institute. Sal also teaches Portfolio Construction at Fordham University. He holds the Series 7 and Series 63 licenses.

Read More

IndexIQ – February election update

by: ; IndexIQ
Primaries, caucuses, and still months to go before there’s real clarity...

Exogenous events

by: ; IndexIQ
Just when you think it’s safe to go back in the water, along comes another of those aptly named “exogenous events”...

A (mostly) good news month

by: ; IndexIQ
If 2019 was a detective novel, December was a solid last chapter...

IndexIQ 2020 macro outlook: Three actionable ideas for the year ahead

by: ; IndexIQ
After what had been a tumultuous 2019...

IndexIQ 2020 ETF outlook: The era of choice and change

by: ; IndexIQ
Embarking on a new decade is an opportune moment to reflect not only on the past year, but the past ten years...

IndexIQ November 2019 commentary

by: ; IndexIQ;
U.S. equities were very strong in November taking the markets to all-time record highs...

MNA: A decade of deals

by: ; IndexIQ
The past decade has been one of the most robust in the history of mergers & acquisitions, with thousands of transactions encompassing trillions of dollars...

Time to go global?

by: ; IndexIQ
Ten years of economic growth in the U.S. has produced a decade of outperformance for U.S. equities as compared to a broad basket of international stocks...