Group Overview

Rayliant* is an asset manager focused on generating alpha from investing in China and other inefficient emerging markets. We develop innovative quant strategies that bring together elements of behavioral finance, data science and local market insights. We have a total of USD 27 billion** across equity, fixed income and alternatives strategies. Our clientele includes institutional and high net worth investors globally. We have offices*** in Beijing, Shanghai, Hangzhou, London, Los Angeles and Taipei.

Rayliant was founded in 2016 by Jason Hsu, Ph.D. He also co-founded Research Affiliates, a smart beta and asset allocation leader with USD 145 billion in assets managed using its strategies(as of Mar. 31, 2020). He is an adjunct professor in finance at UCLA Anderson School of Management and has won numerous awards for his research.

To learn more about Rayliant’s research perspectives, please visit our Insights section.

 

*Rayliant is registered with the US SEC as a Registered Investment Advisor under the name Rayliant Investment Research d/b/a Rayliant Asset Management.

**As of June, 30 2020. Assets includes non-discretionary assets managed by external asset managers using our strategies and non-discretionary assets benchmarked to our indexes. Total discretionary AUM of Rayliant and its affiliates stands at USD 549 million.

***Includes offices of Rayliant and its affiliates

Our Values

We are deeply opposed to manager ego and all it represents.

We are serious about our strategies and clients; but we don’t take ourselves too seriously.

We strive for authenticity and humility when communicating ideas and building relationships.

We avoid noisy performance attribution, and we do not sell recent performance. We do not data mine.

We strive to provide education, perspective, and solutions that drive deep partnerships over time.

We are motivated by purpose rather than money.

Our Principles

We are a different kind of investment management firm. We seek to have a broad impact on the industry not just through our research, but by how we operate and interact with clients.

Focus on Investor Outcomes

We strive to help rebalance the investment ecosystem in favor of investors. To accomplish that goal, we focus on investor outcomes rather than short–term performance or asset gathering. This focus permeates everything we do including how we hire, research, sell, market and even price. We avoid noisy performance attribution. We do not sell recent performance. We do not let product sales drive our research results. We do not data mine. We seek to earn trust-based partnerships with our clients and help them achieve their long–term objectives.

Excellence without Arrogance

We are deeply opposed to manager ego and all it represents. We are serious about our strategies and clients; but we don’t take ourselves too seriously. At Rayliant, we under emphasize the short–term performance of investment strategies and the prowess of star managers. Instead, we place a humble emphasis on capacity, investment discipline, and all-in cost.

Institutional Quality Solutions Tailored for All

Rayliant has a history of partnering closely with the largest global institutions to provide them with research, investment strategies, and products that help them achieve their goals. It is within our DNA to focus on delivering institutional quality solutions tailored to all our client’s needs.

Our Strategies

Our unique quantamental approach merges local fundamental insights and quant-based portfolio construction to deliver innovative investment solutions.

Quant-Active

Rayliant has deep expertise in efficiently harvesting various sources of market anomalies and investment premiums. Our quantamental approach localizes traditional quant factors with fundamental research insights to enhance return efficacy. This collaborative approach overcomes challenges inherent in either fundamental-only or quantitative-only investment strategies and results in superior investment tools for global equities, fixed income, credit, listed real estate and commodities.

Multi-Asset

Rayliant leverages its expertise in macro forecasting, dynamic asset allocation and risk-based factor allocation to develop multi-asset strategies. Our disciplined quantamental framework utilizes quantitative models to understand interest rate movements, currency strengths, global equity market cycles and credit regimes. Additional qualitative analyses on geopolitics are used to further inform our tactical allocation decisions.

Our Team

Rayliant draws on a talented and diverse team with expertise in both asset allocation and factor-based quantitative investing. Our professionals take a humble approach to partnering with clients and have an unwavering focus on creating better investment outcomes.