Shuntaro Takeuchi was promoted from comanager to co-lead manager on Matthews Japan on April 30, 2021. This makes sense. Takeuchi, who joined Matthews in 2016, spent 2.5 years as an analyst and 2.25 years as a comanager on this strategy before the promotion, and he has 20 years of relevant experience overall. Meanwhile, the rest of the team remains in place and strong. Taizo Ishida, who now serves as a co-lead manager along with Takeuchi, has been a member of the team for nearly 15 years, dividing his time between a comanager role and the lead manager position. Ishida has served as the lead manager of Silver-rated Matthews Asia Growth MPACX since 2007, and he spent two decades in the investment field before he joined Matthews in 2006. And analyst Donghoon Han, who joined Matthews in 2020, has 11 years of investment experience. This strategy's other strengths remain intact. Therefore, this strategy is still an attractive Japan vehicle for the long haul, and its People Pillar rating, Process Pillar rating, and Morningstar Analyst Rating remain the same.
Will MJFOX 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 MJFOX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MJFOX 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 MJFOX’s parent organization’s priorities and whether they’re in line with investors’ interests.