San Francisco-based Matthews International Capital Management is looking to add a pair of Asia-focused funds to its lineup.
Specifically, the firm is looking to launch the Matthews Asia Focus Fund and the Matthews Emerging Asia Fund at the end of April, according to a regulatory filing.
The Asia Focus Fund will bet on common and preferred stocks of companies located in Asia ex-Japan that typically possess “a high quality management team, strong corporate governance standards, sustainable return on capital over an extended period, strong free cash flow generation and an attractive valuation in relation to growth prospects and intrinsic value.”
The portfolio managers are Kenneth Lowe, Michael Oh and Sharat Shroff. The fund has annual net operating expenses of 190 basis points.
The Emerging Asia Fund will bet on countries such as Bangladesh, Cambodia, China, India, Indonesia, Laos, Malaysia, Mongolia, Myanmar, Pakistan, Papua New Guinea, Philippines, Sri Lanka, Thailand and Vietnam. It will be managed by Taizo Ishida and Robert Harvey and has annual operating expenses of 200 bps.