G. Paul Matthews has been actively investing in the Asian markets since 1982. He serves as chairman and chief investment officer for Matthews International Capital Management and is portfolio manager of Matthews Pacific Tiger (MAPTX), Matthews Asian Growth & Income (MACSX), Matthews Korea (MAKOX), Matthews China (MCHFX), and Matthews Asian Technology (MATFX) funds. Prior to founding his firm in 1991, Matthews served as portfolio manager of the G. T. Pacific Growth Fund from 1982 to 1985. From 1985 to 1988, while residing in Hong Kong, he supervised all Asian investment for G.T. Management Asia. He later served as managing director of G.T. Capital Management Asia. In 1989, he became president of G.T. Capital Holdings and was based in San Francisco. Matthews holds an M.A. in history and law from Cambridge University.
The stimulus law allows this in order to help retirement plans meet increasing demand for hardship withdrawals.
They include temporary suspension of GAAP standards for some loan modifications.
Bill Sweet of Ritholtz Wealth compared the Paycheck Protection Program's rollout to "the small business Fyre Festival."
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