The Rayliant Quantamental ETF Series
Rayliant Quantamental ETFs express fundamental ideas through big data and quantitative models to actively trade stocks in markets around the world.
We help our institutional partners navigate an increasingly complex market environment using sophisticated quant-driven investment strategies. Our group’s research and strategies are deployed across over 17.8 Billion USD in institutional assets (as of 30 September 2023).Institutional clients
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Rayliant's team of experts is regularly sought out by the media to help investors understand what’s happening in global markets and economies.
November 24, 2023
Barron's: The "Term Premium" Has Vanished. What It Says About the Bond Market
Phillip Wool attributes the lower term premium to the increased likelihood of an economic downturn, citing growing concern that the optimistic notion of a “soft landing” is unrealistic, and the delayed impact of Fed policy may eventually result in a recession.
November 18, 2023
South China Morning Post: Chinese Stocks Have Been a US$955 Billion Blunder in 2023 for Market Forecasters
November 15, 2023
CNN Business: Welcome to the (Almost) Red-Hot Bond Market
November 5, 2023
MarketWatch: The Dow Ripped Higher Last Week. Why Doubters “Don’t Believe In This Rebound”
Jason Hsu expresses skepticism about a potential market rebound, citing concerns about consumer credit exhaustion and anticipates disappointing earnings due to a financially strained consumer base in the upcoming quarters.
October 27, 2023
Morningstar: Could Emerging Markets Work Without China?
October 24, 2023
WSJ: China Shut the Door on Two Online Brokers
Brokers can generate significant income by investing client funds in low-risk securities and profiting from the interest rate spread. While this mirrors the traditional banking model, clients often overlook the interest rates offered. Jason Hsu notes that this interest rate differential is a crucial income source for brokers and significantly contributes to the revenues of companies like Futu and Up Fintech.
October 17, 2023
INVESTING THE TEMPLETON WAY: Quantamental Investing & Emerging Markets with Jason Hsu
October 4, 2023
CNBC: THESE TWO CHINESE EV MAKERS ARE IN AWKWARD PRICING RANGES AND "THE DAYS ARE NUMBERED"
October 3, 2023
BLOOMBERG: CAN AI BEAT THE MARKET? WALL STREET IS DESPERATE TO TRY
Hopes in the financial world are increasingly centered around machine learning, a subfield of AI, with generative AI like ChatGPT playing a vital role. Jason Hsu has embraced this new approach.
October 2, 2023
MARKETS INSIDER: JASON HSU DISCUSSES WHEN MOM KNOWS BEST
September 29, 2023
BLOOMBERG: JASON HSU TOLD HIS MOM TO SELL NVIDIA AND HASN’T HEARD THE END OF IT
September 29, 2023
BLOOMBERG: WHY CHINA’S REAL ESTATE CRISIS IS DIFFERENT
Jason Hsu says there’s an important distinction between this housing crisis and previous ones elsewhere: The developers are the ones who are over-leveraged—not households.
September 28, 2023
BLOOMBERG: JASON HSU ON CHINA AND OTHER EMERGING MARKETS
September 20, 2023
Webinar Replay: Kicking the Elephant Out of the Room: The Case for EM ex-China
September 14, 2023
Bloomberg: Phil Wool on Recession Fears
September 13, 2023
Jason Hsu & Rayliant Featured at FutureProof Festival
September 1, 2023
Reuters: Phil Wool on China's Property Debt Crisis
Rayliant’s Head of Research, Phil Wood, PhD, mentions with a lot happening on the policy front, it’s easy to see why Country Garden might be able to turn the corner and avoid the worst outcome by enduring a bit longer.
August 30, 2023
Webinar Series: The Future of EM
August 21, 2023
CNBC: Phil Wool Comments on China Real Estate and Alibaba
Rayliant’s Head of Research, Phil Wool, PhD, spoke with CNBC to discuss recent developments in China’s real estate market and to explain why he is positive over the long term on Chinese companies like Alibaba despite the ‘doom and gloom’ in China’s market.
August 19, 2023
Barron's: Phil Wool Comments on China Stimulus
Rayliant’s Head of Research, Phil Wool, PhD, spoke with Barron’s about the impact China’s stimulus is likely to have on its domestic economy and onshore stock market—at least, if the stimulus ever arrives as expects.
August 14, 2023
Bloomberg News: Jason Hsu Comments on Zhongrong
Rayliant’s Chief Investment Officer, Jason Hsu, PhD, spoke with Bloomberg News about China’s USD138-Billion shadow banking system, and in particular, recent developments at Zhongzhi Enterprise Group Co., one of China’s most influential financial firms.
August 13, 2023
Financial Times: Phil Wool Comments on Inflows to China-linked ETFs
August 11, 2023
TD Ameritrade Network: Phil Wool on Alibaba Earnings
Rayliant’s Head of Research, Phil Wool, PhD, spoke with the TD Ameritrade Network regarding recent earnings reports from one of the most well-known China securities: Alibaba. Dr. Wool noted that BAAB’s results are even more impressive in light of weakness in China consumer spending, and the stock looks very cheap with BABA cloud services poised for growth.
August 11, 2023
Reuters: Phil Wool on China Equity Valuations
Rayliant’s Head of Research, Phil Wool, PhD, spoke with Reuters regarding the potential risk of retaliation from China in response to US technology policy. “The bigger risk for investors is not allocating to a market where valuations are so low”, Dr. Phil said. “There are plenty of companies with strong fundamentals undergoing rapid growth.”
August 2, 2023
Reuters: Phil Wool on US-listed China ETFs