During the first half of the year, continued media coverage about the sluggish U.S. recovery, debt problems in the Eurozone and concerns over China's slowing growth dominated macroeconomic news as investors anticipated a pullback in the markets. Despite this short-term noise, we remain confident in the long-term growth of Asia.
The following Portfolio Managers will share their thoughts on these and other developments in the region, as well as our strategies for investing in the region:
Robert Horrocks, PhD
Matthews’ CIO and Portfolio Manager, Matthews Asian Growth and Income Strategy
Jesper Madsen, CFA
Matthews Asia Dividend and China Dividend Strategies
Sharat Shroff, CFA
Matthews Pacific Tiger and India Strategies
Matthews Asia Growth and Japan Strategies
This webcast is offered to investment professionals only. It will reflect the opinions of Matthews International Capital Management, LLC. These opinions are not to be construed as investment advice. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Matthews does not accept any liability for losses either direct or consequential caused by the use of this information.
Robert Horrocks, PhD, Chief Investment Officer, Andy Rothman, Investment Strategist
China's growth has a profound impact on the economies of Asia and securities markets around the world, and the country's economic headwinds are discussed daily in the media. Sensationalist stories are easier to submit to editors and garner a larger readership, but is there a more nuanced way of looking at the issues that may lead to better investment decisions? Join this live event to hear the key questions facing investor addressed.
Teresa Kong, CFA, Portfolio Manager and David Dali, Client Portfolio Strategist
Is now a good time to be investing in Asia bonds and stocks?
Recent market volatility has shaken the confidence of investors, particularly those buffeted by the relative underperformance of broad emerging markets. Where can investors look to find return to take advantage of this volatility?
During our upcoming webcast, Portfolio Manager Teresa Kong, CFA, and Client Portfolio Strategist David Dali, will discuss:
• Brexit and the implications on Asia
• The case for dedicated, long-term Asian investing
• The more recent market conditions that make this a uniquely attractive time to consider Asian investments
Teresa and David will also answer questions you may have about investing in Asia. Please register and submit your questions to engage in this live event.
China faces many challenges, from high levels of corporate debt and new home inventories to "zombie" state-owned companies and capital outflows. Will these challenges result in a hard landing, or will they contribute to gradual slower growth and greater volatility?
These are important questions for investors because China accounts for about one-third of global growth, a larger share than the U.S., Europe and Japan combined.
We invite you to access this webcast replay where Andy Rothman, Investment Strategist for Matthews Asia, demystified:
- Commonly misunderstood aspects of China's economy
- RMB devaluation and the impact of U.S.-China trade
- Why China is the world's best consumer story
Visit matthewsasia.com/understanding-china for more information.
As active Japan investors, we seek quality growth opportunities across the market-cap spectrum. We believe Japanese companies will continue to flourish in the current market environment— in particular those positioned to benefit from growth opportunities in Asia, Japan's corporate governance improvements and domestic growth outlook.
During our upcoming webcast, Kenichi Amaki, Matthews Asia Portfolio Manager, will share an update on:
-Bank of Japan's negative interest rate policy
-Spillover concern from European banks
-Japanese currency and current account surplus
-Corporate savings rate and corporate profit growth
Kenichi will also answer questions you may have about investing in Japan. Please register and submit your questions to engage in this live event.
CIO Robert Horrocks, PhD and Portfolio Manager Kenneth Lowe, CFA
During the past year, Asia has been a source of equity market volatility, but Asia has also distinguished itself from other emerging markets in its resilience and its commitment to structural reform. Given the current valuation disparity between developed equity markets (such as the U.S. and Europe) and equity markets in Asia, it is a good time to appraise Asia's strengths and vulnerabilities in the context of today's global economic environment.
We invite you to join Matthews Asia's Chief Investment Officer Robert Horrocks, Phd, and Portfolio Manager Kenneth Lowe, CFA, for a live webcast where they will share their thoughts on conditions in Asia given current market volatility.
Portfolio Managers Teresa Kong, CFA and Andrew Mattock, CFA and Investment Strategist Andy Rothman
We invite you to join us today for a live Q&A discussion of the recent market events in China and an analysis of the broader impact on Asia's equity and fixed income markets. Our speakers on the call will be Investment Strategist Andy Rothman, Portfolio Manager Teresa Kong, CFA and Portfolio Manager Andrew Mattock, CFA.
Portfolio Managers Taizo Ishida and Robert Harvey, CFA
Just back from Vietnam, Bangladesh, Thailand, China, Singapore and Japan, join Portfolio Managers Taizo Ishida and Robert Harvey, CFA, as they share the on-the-ground sentiment, what they are hearing from companies and their outlook going forward.
During this live event we will discuss:
•How investors should view emerging markets
•How to help dampen draw-downs in EM during periods of uncertainty, thereby potentially enhancing risk-adjusted returns over the long-term
•Why we believe Asia will drive global economic growth in the decades ahead
While there is plenty of uncertainty in the markets today, periods of uncertainty often lead to opportunities for investors focused on what really matters in the years and decades ahead. We believe the emerging and frontier markets of Asia represent the most compelling growth opportunities available to investors. Please register and submit your questions to engage in this live event.
Sell-offs in Asia occur, from time-to-time. It is always difficult to know when you have hit bottom, or how long the period of poor returns will last. But we can at least see how Asia is bearing up in the current environment. We can also look at the root cause of the problems and, therefore, what the solutions may be and whether they are practical or not.
You are invited to access a presentation featuring Matthews Asia Chief Investment Officer, Robert Horrocks, PhD, where he shares an update on the markets and where we are seeing opportunities.
Asia has been in the news lately, raising a surge of questions and concerns regarding the potential impact on the rest of the world. Investors may be accustomed to dealing with risk, or familiar with “normal” market swings and clamor from year to year, but they are finding that there is not enough context around the recent volatility. It is not about risk, but about uncertainty—"What is going on?”
During last week's live event, Matthews Asia Chief Investment Officer, Robert Horrocks, PhD, shared his insights on: What drives sustainable growth in EM? Which markets are best priced? How do we think about recent events?
CIO Robert Horrocks, PhD, Portfolio Managers Kenneth Lowe, CFA & Kenichi Amaki
The first half of the year has been news-filled with the significant run-up of Chinese A-shares along with potential reforms and governance improvements within Japan, India and South Korea.
Given the recent increase in volatility, the following portfolio managers will share how they think about companies and what the implications of the key themes across Asia have on the positioning within our portfolios.
Andrew Mattock, CFA, Portfolio Manager and Andy Rothman, Investment Strategist
China's equity markets have been in steady decline for several weeks, raising a torrent of questions and concerns about the potential impact on the world's second-largest economy. Given that China accounts for more global growth than the U.S., Europe and Japan combined, this story is important for investors.
Andrew Mattock, Portfolio Manager and Andy Rothman, Investment Strategist will address investors' most pressing questions given the recent tumult in China's markets and share their thoughts on post sell-off valuations and potential opportunities. They will also discuss implications for China's broader economy and individual wealth along with how this may impact the liberalization of markets.
Dire headlines about China seem omnipresent, focused on slowing growth, shadow banking, and potential property bubbles. Are these concerns warranted?
Hear from expert Andy Rothman, Matthews Asia Investment Strategist, who has lived and worked in China for more than 20 years. Andy will address five key mistakes analysts make when covering China, and share his thoughts on the key problems the Chinese government needs to address.
In theory, higher U.S. interest rates make both bonds and equities look less attractive, particularly those deemed to be in riskier markets. Is this commonly held belief actually true?
Historical analysis suggests that interest rate hikes impact U.S. and Asian securities in different and possibly unexpected ways.
Matthews Asia invites you to join us for a webcast featuring Portfolio Manager Gerald Hwang, CFA, who will discuss the ways that an initial change in the U.S. Federal Funds rate could affect security values in the U.S. and Asia.
The Chinese A-share market grabbed headlines last year with its phenomenal near-term performance and increasing means of access for Western investors. But what does the investment landscape there look like for long-term investors?
Matthews Asia invites you to join us for a webcast featuring Winnie Chwang, Portfolio Manager, who will provide an overview of the Chinese A-share market and the risks and opportunities it presents. She will also discuss the implications of the Hong Kong/Shanghai Connect, and the importance of bottom-up investing in these markets.
During the year, reformist agendas throughout Asia have created optimism for the region--India generated plenty of excitement, China continued ahead with its reform process and several Asian economies focused on boosting long-term productivity and investment spending. What does 2015 hold in store for us?
Matthews Asia invites you to join us for a Market Outlook webcast featuring Robert Horrocks, PhD, Chief Investment Officer, who will share his thoughts on why he believes markets in Asia are better placed going into 2015, and discuss his reasons for optimism based on secular long-term growth drivers.
With reform-minded governments in place in China, India, Japan, Korea and Indonesia, there is now a renewed sense of optimism that recent policy announcements will be supportive of businesses in the region and contribute to delivering stronger economic growth over the long term.
In our upcoming webcast, we will take an in-depth look at these reforms and what they mean for investors in Asia. We will address the importance of looking beyond the headlines and understanding the real impact reforms can have on companies at a fundamental level. We will also explain how some companies are able to sustain growth across different economic cycles and can navigate independently of changing political views.
Matthews Asia invites you to join us for a mid-year Portfolio Manager Roundtable. With investor concerns focused on China, we will address the issues and challenges around the sustainability of China's economy. Additionally, we will discuss Asia's political landscape, highlighting this years' India and Indonesia elections and share our interpretations on what this means to investors.
Our Portfolio Managers will offer a review of the developments in Asia's equity and fixed income markets, and outline why they believe it is important to spend more time focusing on the micro rather than the macro.
They will also discuss the disparity of fundamentals and valuations of companies within developed and emerging countries of Asia, and how that impacts the performance and positioning of their strategies.
Investment Team: Robert Horrocks, PhD, CIO; Richard Gao; Winne Chwang
China’s economy is slowing. Following a decade of export-led growth and huge capital investment, the country is now undertaking a rapid and strategic evolution from a model based on high levels of credit and investment to one based more on consumer spending and high-value services. What does this mean for the Chinese economy and the region more broadly? How will investors be impacted?
In our upcoming webcast, the following Matthews Asia Portfolio Managers and analyst will explore the many misconceptions that linger with regard to China’s growth, indebtedness and ongoing reforms. They will also discuss the current volatility on equity markets in Asia and share their insights on what challenges the region faces and where they see possible opportunities for long-term investors.
One hour of CFP CE Credit and one hour of non-IMCA CE Credit for CIMA designees will be available when you listen to the full length of the webcast.
Matthews Asia: Portfolio Manager RoundtablePortfolio Managers: Robert Horrocks, PhD; Jesper Madsen, CFA; Sharat Shroff, CFA and Taizo Ishida[[ webcastStartDate * 1000 | amDateFormat: 'MMM D YYYY h:mm a' ]]63 mins