We use cookies to deliver the best possible web experience. By continuing to use this site, you agree that we may store and access cookies on your device. You can change your preferences at any time on your browser. For more detail, click here to view our cookie policy.

Generic Links

Welcome to RL360's

dedicated financial adviser website

For financial advisers only

Not to be distributed to, or relied on by, retail clients

Matthews Asia - Asia Insight

Matthews Asia is an independent investment management firm focused solely on investing in Asia. They specialise in actively managed, bottom-up portfolio management, with a focus on generating long-term investment performance.

CHINA: DISPELLING THE MYTHS

In this video, Portfolio Manager Tiffany Hsiao dispels investors’ most common China myths and stereotypes.


CHINA'S SMALL COMPANIES WIN THROUGH INNOVATION

Matthews Asia Portfolio Manager Tiffany Hsiao shares an update on the ways in which China’s smaller companies are benefiting from the country’s new economic structural changes.


KEY OBSERVATIONS:


  • Smaller companies can win against bigger companies through sustainable innovation.
  • There are many small cap innovation opportunities beyond technology such as health care, materials and energy sectors.
  • Small companies in China are at the forefront of the country's economic shift away from fixed asset investment and towards innovation, consumption and services.







AFTER THE FALL

Matthews Asia Portfolio Manager Tiffany Hsiao shares an update on the ways in which China’s smaller companies are benefiting from the country’s new economic structural changes.


HIGHLIGHTS:


  • Global stock markets' struggle, despite some recovery, and a correction in the U.S. stock market affected Asian markets which may cause some concerns but also provide grounds to not become fearful.
  • U.S. is now into, what traders like to call, a late cycle of recession recovery: high equity valuations, low unemployment, rising bond yields and a U.S. Federal Reserve's focus on raising rates to prevent inflation.
  • Asia might be somewhat protected from the risk risen in the U.S. stock market. Asia's policymakers have kept much tighter monetary conditions.
  • The profit cycle in Asia has lagged behind the U.S. So, just as profits in the U.S. seems to be decelerating, in Asia they are accelerating.
  • For global equity investors, Asia appears to offer a better mixture of growth, valuations and policy risk than many of the developed markets.

Learn more about the Matthews Asia - Asia Dividend Fund

Learn more about the Matthews Asia - Pacific Tiger Fund

Learn more about the Matthews Asia - Japan Fund

Learn more about the Matthews Asia - India Fund







March 2018

Please note that these are the views of Robert Horrocks, CIO and Portfolio Manager, Matthews Asia and Tiffany Hsiao, Portfolio Manager, Matthews Asia and should not be interpreted as the views of RL360.




Authors

Tiffany Hsiao

Portfolio Manager, Matthews Asia


Robert Horrocks

CIO and Portfolio Manager, Matthews Asia

March 2018

Please note that these are the views of Robert Horrocks and Tiffany Hsiao for Matthews Asia and should not be interpreted as the views of RL360.

360 fund links

Funds from Matthews Asia are available via our guided architecture products Oracle, Paragon, Quantum, Quantum Malaysia, LifePlan, LifePlan Lebanon, Protected Lifestyle and Protected Lifestyle Lebanon, and also through our PIMS portfolio bond.