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.
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.
The odds are worse if it targets just one country or region.
With the economic outlook improving, we're cautiously optimistic about new leadership and new reforms.
Dire headlines but decent performance.
Turning three can be a make-or-break moment.
These funds come with notable risks as well as ample potential rewards.
Longtime manager will remain as Legg Mason Capital Management's chairman.
As investment in fixed assets declines, consumption will drive GDP growth in China, and consumer cyclicals offer high yields and good valuations, says Matthews Asia's Jesper Madsen.
Investors with a sufficient time horizon and understanding of China's reform efforts can find the investment opportunities rewarding, says Matthews China manager Richard Gao.