The firm is noted for its usage of quantitative analysis in its approach to investing as well as maintaining a low profile despite its large number of assets under management.

[2] Arrowstreet was founded in 1999 by Bruce Clarke, the CEO of PanAgora Asset Management along with John Y. Campbell and Peter Rathjens who were also executives at the firm.

Arrowstreet was established to manage money for institutional investors by investing in international and emerging market equities.

[8] Pensions & Investments noted that Arrowstreet makes use of computer models to allow the firm to perform well in different market environments and tends to avoid systematic biases such as favouring certain stocks.

[6] In March 2011, former Treasury official, Anthony Ryan left his position of chief administrative officer at Fidelity Investments to join Arrowstreet.