Jason Hsu: China Is 'the Last Great Remaining Alpha Reservoir'

<p>Our guest this week is Jason Hsu. Jason is founder and chairman of Rayliant Global Advisors, a quantitative asset manager based in Hong Kong. Jason also cofounded Research Affiliates with Robert Arnott and has been at the forefront of the fundamental indexing movement. Jason is a member of the board of directors at the Anderson School of Management at the University of California at Los Angeles, as well as an adjunct professor in finance there. He has authored more than 40 peer-reviewed articles, is an associate editor of the<em> Journal of Investment Management</em>, and serves on the editorial board of numerous other financial journals, including the <em>Financial Analysts Journal</em>. Jason earned his bachelor's in physics from the California Institute of Technology, his master's in finance from Stanford, and his doctorate in finance from UCLA. </p></p><p><p> </p></p><p><p><strong>Background</strong></p></p><p><p><a href="https://rayliant.com/dt_team/jason-hsu/" target="_blank">Bio</a></p></p><p><p><a href="https://rayliant.com/" target="_blank">Rayliant Global Advisors</a></p></p><p><p><a href="https://www.researchaffiliates.com/en_us/home.html" target="_blank">Research Affiliates</a></p></p><p><p><a href="https://www.anderson.ucla.edu/faculty-and-research/finance/faculty/hsu" target="_blank">Anderson School of Management at UCLA</a></p></p><p><p><a href="https://www.joim.com/" target="_blank"><em>Journal of Investment Management</em></a><em></em></p></p><p><p><a href="https://www.amazon.com/Fundamental-Index-Better-Way-Invest/dp/047027784X" target="_blank"><em>The Fundamental Index: A Better Way to Invest</em></a>, by Robert D. Arnott, Jason C. Hsu, and John M. West</p></p><p><p><strong>Investing in China</strong></p></p><p><p>“<a href="https://jpm.pm-research.com/content/42/2/90" target="_blank">Timing Poorly: A Guide to Generating Poor Returns While Investing in Successful Strategies</a>,” by Jason Hsu, Brett W. Myers, and Ryan Whitby, jpm.com, January 2016.</p></p><p><p>“<a href="https://www.morningst