Matthews International Capital Management has inked a distribution deal with
Morgan Stanley. The
Matthews Asian Funds are now available through Morgan Stanley's advisory and custom portfolio programs.
William J. Guilfoyle, co-CEO of Matthews International Capital Management, said the distribution pact "demonstrates the increasing importance of Asia in building global client portfolios."
This spring, there has been buzz about a potential sale of Matthews International Capital Management. If this is true, this distribution deal will make Matthews more appealing to potential buyers.
A spokeswoman for Matthews declined to comment on a possible sale. She added that she had been in daily contact with executives at Matthews and had not heard of anything going on at the company as far as a sale is concerned.
Company Press Release
Matthews International Capital Management has lande
San Francisco, July 22, 2008 - Matthews International Capital Management, LLC, advisor to the Matthews Asian Funds, has announced today an agreement making their family of no-load funds available to Morgan Stanley's large network of financial advisors. Matthews, the largest dedicated Asia investment specialist in the U.S., makes available its regional, country and sector funds through the Morgan Stanley Advisory and Custom Portfolio programs.
"We are very pleased to be working with Morgan Stanley in bringing their clients the opportunity to gain exposure to Asia through our funds," said William J. Guilfoyle, Co-CEO of Matthews International Capital Management. "This agreement demonstrates the increasing importance of Asia in building global client portfolios and a recognition that Matthews Asian Funds offer a variety of ways for investors to capitalize on Asia's anticipated growth over the long term. It also exemplifies our commitment to delivering investment solutions to financial advisors," he added.
Since its inception in 1991, Matthews International Capital Management, LLC has focused exclusively on investing in the Asia Pacific region, specializing in actively managed, bottom-up portfolio with a focus on long-term investment performance. As of June 30, 2008, the firm managed nearly $9 billion in assets. Matthews is the investment advisor to the nine no-load Matthews Asian Funds, including: Matthews Asia Pacific, Matthews Asia Pacific Equity Income, Matthews Pacific Tiger*, Matthews Asian Growth and Income*, Matthews Asian Technology, Matthews China, Matthews Japan, Matthews India and Matthews Korea Funds. For more information please visit www.matthewsfunds.com.
*Closed to most new investors.
Investing in foreign securities may involve certain additional risks, including exchange-rate fluctuations, less liquidity, greater volatility and less regulation. Single-country and sector funds may be subject to a higher degree of market risk than diversified funds because of concentration in a specific sector or geographic region.
You should consider the investment objectives, risks, charges and expenses of the Matthews Asian Funds carefully before making an investment decision. A prospectus with this information and other information about the Funds may be obtained by visiting www.matthewsfunds.com. Please read the prospectus carefully before investing as it explains the risks associated with investing in international markets.
Distributor: PFPC Distributors, Inc., 760 Moore Road, King of Prussia, PA 19406 PR008 
Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE