Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Portfolio > Mutual Funds

Matthews to Re-Open Two Regional Asia Funds

X
Your article was successfully shared with the contacts you provided.

The Matthews Asian Funds said it will re-open two of its no-load mutual funds to new investors on September 2, with Andrew Foster, Matthews’ acting CIO, saying in a statement that since the closing of the funds, “the subsequent deepening of Asia’s capital markets” present “new opportunities for investment, particularly as valuations have declined, despite an environment of ongoing growth.”

The two funds, both of which were originally launched in 1994, that are reopening are the Matthews Asian Growth and Income Fund (MACSX), which was closed on November 28, 2003, is managed by Foster and G. Paul Matthews, and had $2 billion in assets as of June 30, 2008, and the Matthews Pacific Tiger Fund (MAPTX), which was closed on June 7, 2006, and had $2.8 billion in fund assets as of June 30.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.