01/11/2016 – Research Affiliates, LLC announced that Vice Chairman and Co-Founder Jason Hsu has been appointed as Chairman and Chief Executive Officer of Rayliant Global Advisors, formerly known as Research Affiliates Global Advisors, and majority owner, effective January 1, 2016. As a result of this announcement, Research Affiliates will now have a minority stake in Rayliant and Hsu will relinquish his portfolio and operational management responsibilities as a Research Affiliates employee on March 31, 2016. However, Hsu will continue to maintain his vice chairmanship and partnership at Research Affiliates as a non-executive. Rayliant is a Hong Kong based investment firm that provides a suite of smart beta strategies in Asia.
— Ho Hwang