Following the Morningstar OBSR Analyst Ratings Meeting on 8th January 2014, we have awarded the Matthews Asia Funds Pacific Tiger fund a Morningstar OBSR Analyst Rating™ of Silver. The fund is managed by a pair of experienced investors, who are supported by a well-resourced team based in San Francisco. The managers look to invest in companies with sustainable long-term growth prospects that have strong business models, quality management teams and are trading at reasonable valuations. This bottom-up process, combined with an unconstrained mandate, can lead to some notable biases in the portfolio. That said, the US-domiciled version of this strategy, which has a longer track record, has delivered robust returns in most market conditions and remains ahead of its MSCI AC Asia ex Japan benchmark and peers. Overall we are impressed with the calibre of the managers and the fund’s tried-and-tested process.
See the latest Morningstar OBSR fund rating news here.
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