Raymond Deng gave up his comanager position on Matthews Pacific Tiger on March 2, 2021, after roughly two years in that role and has left the firm. Winnie Chwang became a comanager on the fund on the same date. Chwang has a good resume for her new position. She is a Matthews veteran who also serves as a co-lead manager on Matthews China Small Companies MCSMX as well as a comanager on Matthews China MCHFX and Matthews Asia ESG MASGX. Meanwhile, lead manager Sharat Shroff and comanager Inbok Song remain in place and are well credentialed; two seasoned analysts--Elli Lee and Jeremy Sutch--continue to support the managers; and the overall investment team at Matthews remains strong despite the departure of Deng. The fund's other attractive traits remain intact. For all these reasons, this fund's People Pillar rating, Process Pillar rating, and Morningstar Analyst Rating remain the same.
Will MIPTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MIPTX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MIPTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MIPTX’s parent organization’s priorities and whether they’re in line with investors’ interests.