10 Questions with Richard Gao, Manager of Matthews China MCHFX, Matthews China Small Companies MCSMX, and Matthews Pacific Tiger MAPTX; comanager of Matthews China Dividend MCDFX .
With fears of an impending Japanese sell-off and a China slowdown, as well as ongoing sovereign debt woes in Europe, many fund managers are seeking more safety when investing abroad, says Morningstar's Bridget Hughes.
Management changes on a Gold-rated Matthews fund, Fidelity to close Fidelity Ultra-Short Bond to most new investors, and a flurry of management changes on Invesco's large-cap growth team.
Dire headlines but decent performance.
At the Morningstar Investment Conference, Europe's debt woes, gold's rally, and China should get their due.
Turning three can be a make-or-break moment.
Matthews makes a manager change and more.
A new manager for T. Rowe Price New Era, DWS fires a subadvisor, Matthews launches 2 Asia funds and makes manager changes on 2 other funds, Cohen & Steers founders pull back, and a Waddell & Reed bond manager to retire.
Five stats from the Conference and the stories behind them: 10 more years of financial repression, three retirement train wrecks, 7% more dividends on the S&P, and more.
Most of the new emerging-markets funds can safely be ignored.