Rayliant Global Advisors, a quantitative investment management group with $24.1bn of assets under supervision, has acquired Henderson Rowe, a European wealth management business.
It’s Rayliant’s first venture into the wealth management space having previously focused exclusively on institutional clients. It allows Henderson Rowe’s clients to access Rayliant’s research-driven investment strategies and its specialist expertise in quantitative investing.
Henderson Rowe will operate as an independent subsidiary of Rayliant Global Advisors, while retaining its own name and brand.
Jason Hsu, Chairman and Chief Investment Officer of Rayliant Global Advisors, said: “We have a long history collaborating with Henderson Rowe. We both believe in the importance of investor education. We also share the view that investors will benefit from a more academically-driven and cost-effective investment approach. This approach has served institutional clients well and we are excited to bring it to the wealth management market in the UK alongside Henderson Rowe.”
Charles Aram, Chief Executive of Henderson Rowe, added: “Rayliant is a recognised leader in its field, with a history of developing research and institutional quality products to meet long term investor goals. Their expertise, coupled with extensive knowledge of asset allocation and quantitative investing, will be hugely valuable to our clients and the wider European investment market.”