Correlation Surprise

William (Will) Kinlaw is executive vice president and head of Data Intelligence at State Street. Will leads a firm-wide initiative that empowers clients to distill actionable insights from proprietary and third-party datasets. Drawing on State Street’s technology and data infrastructure, as well as State Street Associates — our hub for partnerships with academics and fintech data companies — the team develops products that enhance clients’ investment, trading, operations and distribution capabilities.

David Turkington is Senior Managing Director and Head of State Street Associates, State Street Markets’ decades-long partnership with renowned academics that produces innovative research on markets and investment strategy. David is a frequent presenter at industry conferences, has published more than 40 research articles in a range of journals, and serves on the editorial board of the Journal of Alternative Investments. He is the co-author of three books including “Asset Allocation: From Theory to Practice and Beyond” and “Prediction Revisited: The Importance of Observation.” His published research has received the 2010 Graham and Dodd Scroll Award, five Bernstein-Fabozzi/Jacobs-Levy Outstanding Article Awards, the 2013 Peter L. Bernstein Award for best paper in an Institutional Investor journal, the 2021 and 2023 Roger F. Murray First Prize for outstanding research presented at the Q Group seminars, and the 2022 and 2023 Harry Markowitz awards for best paper in the Journal of Investment Management.