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IndexIQ's management team is comprised of seasoned executives with a long track record of success in developing and distributing innovative investment solutions designed to serve the needs of investors.


Salvatore J. Bruno

Salvatore J. Bruno

Chief Investment Officer and Managing Director

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, 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. 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 BS in Applied Economics & Business Management from Cornell University and an MBA degree 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 holds the Series 7 and Series 63 licenses.

Jon Zimmerman

Chief Operating Officer

Jon Zimmerman, Chief Operating Officer of IndexIQ, formerly of New York Life Investments' Product Development Group, is responsible for ETF product development across the retail and institutional channels. Prior to joining New York Life in 2015, Jon worked for Morgan Stanley, serving both its Equity Capital Markets and Wealth Management divisions. Jon received his BA in Economics from New York University.

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Robert F. Whitelaw, PhD

Chief Investment Strategist

Robert is Chief Investment Strategist at IndexIQ. Professor Robert F. Whitelaw is Professor of Finance and Chairman of the Finance Department at the Leonard N. Stern School of Business, New York University. He has a PhD in finance from Stanford University, Graduate School of Business, and a BS in mathematics from MIT. Professor Whitelaw teaches corporate and managerial finance in the MBA and undergraduate programs. He also teaches fixed income securities, equity investments, derivatives, and risk management at the executive level and asset pricing at the doctoral level.

Professor Whitelaw's research interests include the relation between risk and return in the stock and bond markets, the pricing and hedging of fixed income derivative securities, risk measurement and management, and market efficiency. His papers have been published in academic journals such as the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies, as well as practitioner journals such as the Journal of Derivatives, the Journal of Fixed Income, and Risk. In addition, he is a Research Associate at the National Bureau of Economic Research (NBER), Program on Asset Pricing, and a past Associate Editor of the Review of Financial Studies and the Journal of Finance.

Professor Whitelaw's work experience includes two years spent in the Public Finance Department at Shearson Lehman, where he was involved in structuring tax-exempt bond financings. He also provides consulting services to corporations and financial institutions, specializing in pricing and hedging complex securities, risk management, and equity trading.

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