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Strategies & Capabilities

Active Quantitative Equity (AQE)

Human led, research tested: Only our best investment ideas survive the rigor of our analysis.

AQE Strategies

How can our capabilities help solve your investment problems?

How We Work

We are active managers, focused on solving investment problems. Built by a team with decades of experience, the stock-selection model that informs all of our solutions contains our best investment insights — carefully scrutinized, extensively tested and grounded in a strong economic rationale.

Our Latest Thinking

Meet The Team

Bio Image of Olivia Engel

Olivia Engel, CFA

Head of Strategy and Operations, Investments

 "Many people think equity investing is all about finding companies that offer the best returns. We’re focused on the best way to form equity portfolios to deliver the best risk-adjusted returns, in line with the investor’s specific return and risk objectives. Our experience is in applying our investment knowledge across as many companies as possible in a highly objective way."

Olivia is a Senior Managing Director of State Street Global Advisors and Head of Strategy and Operations for Investments. Olivia leads the strategy, planning, and operations for the investment team, in close collaboration with the Global Chief Investment Officer. In this role, Olivia represents the investment team in driving the overall operating platform and is responsible for spearheading new platform initiatives to drive growth.
Bio Image of Gaurav Mallik

Gaurav Mallik

Chief Investment Strategist

"Quantitative approaches are relevant to investors who are interested in taking full advantage of the potential of very rich, very diverse universes of companies, such as emerging-markets (EM) small cap. Arguably some of the most attractive companies in emerging markets sit in the small-cap category. In addition, equity returns for EM small-cap firms have historically been less volatile compared with EM large-cap, because the small cap category is more diversified. A quantitative approach can give investors access to some of the smallest-cap companies in the category, expanding the universe of potential investments, which we believe improves our ability to generate risk-adjusted returns."

Gaurav is a Senior Managing Director of State Street Global Advisors and the Chief Investment Strategist. He leads a team of professionals responsible for helping advisors, consultants and institutional clients analyze economic and market developments, assess the impact to their portfolios and identify specific products and solutions to help them manage risk and take advantage of market opportunities. He leads our Macroeconomic and policy, Investment strategy and research, and a team of client facing portfolio strategists. He is a member of the firm's Executive Management Group.
Bio Image of Chee K Ooi

Chee K Ooi

Senior Portfolio Manager

"Markets are inherently inefficient, and we’re able to go wherever we believe we can take advantage of those inefficiencies. In our Global Defensive Equity strategy, for example, we don’t start off by limiting ourselves to a low-volatility, defensive universe, and then seek to pick the best stocks within that limited universe. In our mind, that’s not optimal. We’d rather consider investment opportunities across the entire universe so that no stone is left unturned."

Chee is a Managing Director of State Street Global Advisors and a Senior Portfolio Manager for the Active Quantitative Equity team. In this role, he is the lead portfolio manager for the Global Defensive Equity and State Street Disciplined International Equity strategies. His core responsibility also includes contributing to the team's research, strategy and business development effort.
Bio Image of Kishore L Karunakaran

Kishore L Karunakaran

Global Head of Portfolio Strategy, AQE

"Confucius said that real knowledge is knowing the extent of one’s ignorance. 'Ignorance' is a strong word, but in our world of investing or active money management, there is an enormous amount of uncertainty where investors can be wrong a lot. For us in AQE, it’s about working to stack the odds in our favor, so that when we are wrong, we are wrong a little less often."

Kishore is a Managing Director of State Street Global Advisors and Global Head of Portfolio Strategy, Active Quantitative Equity group. He is also a member of SSGA's Technical Committee and Senior Leadership Team. He is responsible for research, portfolio management, product development and positioning for Active Quantitative equities strategies within the group.

Contact Us

For more than 30 years, research and innovation have been at the core of our efforts to deliver outperformance for our clients.

Contact your State Street Global Advisors relationship manager, or email us to learn how to invest in AQE.

Email the Team