Before its purchase by BlackRock in 2009, Barclays Global Investors revolutionised computer-driven quantitative investment – and its pioneering spirit is still alive and well and active in China.
It survives in the person of Li Xiaowei, BGI's former head of active equity management in Greater China, and the $51 billion business she leads for Fullgoal Asset Management. She has turned it into the largest quant manager in China.