State Street Investment Management (formerly State Street Global Advisors) has $5.66 trn
in AUM (of which $3.59 trn is in equities), making it the fourth largest asset manager
globally. It runs active to index strategies across all asset classes and employs over 500
portfolio managers, researchers and strategists, working in 10 investment centers and
offices in 30 cities worldwide.
Esther Baroudy, managing director and senior portfolio manager in active fundamental
equity, is based in State Street’s London office. She co-manages the Global Equity Select,
Global Climate Transition and Global Sharia portfolios, working alongside her co-portfolio
manager John Flynn, who also works as a senior portfolio manager in active fundamental
equity.
Baroudy joined State Street Investment Management in 2016 through its acquisition of GE
Asset Management, where she joined in 1996. She started her career at Credit Lyonnais
Capital Markets in 1988.
Esther Baroudy, managing director and senior portfolio manager in active fundamental
equity at State Street Investment Management
She tells us more about current market volatility, State Street’s reputation for index investing
and how AI is driving value in her portfolio.
Is it an interesting time to be a fund manager, given current geopolitics?
It’s very busy in terms of the market. It’s like a yo-yo at the moment. Yesterday, a huge rally
and then today it’s quiet…