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Rating:Matthews Asia Says Goodbye to a PM Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 22, 2011

Matthews Asia Says Goodbye to a PM

Reported by Neil Anderson, Managing Editor

Several Matthews Asia [see profile] funds now answer to new PMs. The MFWire has learned that Andrew Foster no longer serves as the PM of the Matthews Asian Growth and Income Fund or as co-PM of the Matthews Asia Dividend Fund and the Matthews India Fund.

A spokeswoman for Matthews referred The MFWire to a regulatory filing, which provides no clues as to where Foster is headed. He first joined Matthews in 1998 as a research analyst, and more recently served as acting chief investment officer.

For the Growth and Income Fund, current CIO Robert Horrocks and PM Jesper Madsen serve as the new co-PMs. For the Asia Dividend Fund, Yu Zhang joins Madsen as a co-PM. And Sunil Asnani and Sharat Shroff continue to serve as co-PMs of the India Fund. 

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