# Erkko Etula

> Erkko Etula is a Finnish economist, quantitative investor, and fintech founder who moved from MIT and Harvard to the New York Fed and Goldman Sachs before co-founding Brooklyn Investment Group. As Brooklyn’s CEO and chief investment officer within Nuveen, he focuses on personalized managed accounts, direct indexing, and tax-advantaged strategies designed to give financial advisors a scalable way to manage highly individual portfolios.

- **Role:** CEO and Chief Investment Officer of the Brooklyn investment team at Nuveen
- **Organizations:** Brooklyn Investment Group, Nuveen, Brooklyn Artificial Intelligence, Inc., Goldman Sachs, Federal Reserve Bank of New York, NYU Stern School of Business, Ethos Capital Oy, FundCo, American-Scandinavian Foundation
- **Nationality:** Finnish
- **Education:** B.Sc.; Phi Beta Kappa, Massachusetts Institute of Technology, M.A. in Economics; Ph.D. in Economics; Presidential Scholar, Harvard University, Graduated with honors, United World College of the Atlantic
- **Known for:** Winner of the Amundi Smith Breeden Prize for outstanding capital markets research., Winner of the 2016 Engle Prize in financial econometrics., Published research in the Journal of Finance, Review of Financial Studies, Journal of Financial Econometrics, European Economic Review, and Journal of Portfolio Management.

## Career timeline

- **2002-2005** — Studied economics and physics at MIT, graduating with a B.Sc. and Phi Beta Kappa honors.
- **2003-2009** — Worked as a research assistant, collaborator, and co-author with economist Paul A. Samuelson.
- **2005-2006** — Returned to Finland for military service in the Finnish Marines.
- **2006-2009** — Completed M.A. and Ph.D. studies in economics at Harvard University as a Presidential Scholar.
- **2009-2010** — Worked as an economist in Capital Markets Research at the Federal Reserve Bank of New York, specializing in asset pricing and risk premia.
- **2010-2021** — Served at Goldman Sachs, ultimately as Managing Director in the Investment Strategy Group, leading strategic and quantitative asset-allocation research.
- **2015-2016** — Served as an adjunct professor at NYU Stern School of Business.
- **2021** — Co-founded Brooklyn Investment Group and became CEO and Chief Investment Officer.
- **2023** — Brooklyn began a strategic partnership with Nuveen and TIAA Ventures took a minority stake.
- **2025** — Nuveen announced its acquisition of Brooklyn Investment Group and its parent technology company; the transaction closed in July.
- **2026** — Brooklyn Investment Group merged into Nuveen Asset Management, with Etula continuing to lead the Brooklyn investment team.

## Achievements

- Winner of the Amundi Smith Breeden Prize for outstanding capital markets research.
- Winner of the 2016 Engle Prize in financial econometrics.
- Published research in the Journal of Finance, Review of Financial Studies, Journal of Financial Econometrics, European Economic Review, and Journal of Portfolio Management.
- At Goldman Sachs, led a factor-based strategic asset-allocation approach used for hundreds of billions of dollars in client assets.
- Led systematic investment strategies managing billions of dollars and helped launch multi-billion-dollar mutual funds at Goldman Sachs.
- Co-founded Brooklyn Investment Group, which was acquired by Nuveen in 2025.

## Latest updates

- **2026-08** — Discussed Brooklyn’s tax-advantaged long-short strategies and whole-portfolio solution with RIA Channel, saying the platform was expanding its alternative-investment offerings.
- **2026-05** — Brooklyn Investment Group merged into Nuveen Asset Management; management of the strategies was unchanged.
- **2026-04** — Appeared on Treussard Talks to discuss long-short tax management, risk, leverage, and lessons from building Brooklyn.
- **2025-07** — Nuveen completed its acquisition of Brooklyn Investment Group and Brooklyn Artificial Intelligence, Inc.
- **2025-06** — Nuveen announced the acquisition after a strategic partnership that began in 2023.

## Links

- Website: https://www.erkkoetula.com/home
- LinkedIn: https://www.linkedin.com/in/erkkoetula

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Profile page: https://yespress.io/erkko-etula
Published by YesPress — https://yespress.io
Last updated: 2026-08-27