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.
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.
Dire headlines but decent performance.
At the Morningstar Investment Conference, Europe's debt woes, gold's rally, and China should get their due.
Most of the new emerging-markets funds can safely be ignored.
Turning three can be a make-or-break moment.
Matthews makes a manager change and more.
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.