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A bit too late to the game and priced too high. Their China ETF will be 20 bps higher than CNYA and underperforms it by a wide margin in 1, 3, 5 year trailing periods.
Numbers aside, the more alarming issue at Matthews is the exodus of portfolio manager talent that has occured over the past 2-3 years. For a small team, they've lost 10+ really important portfolio managers to competitors in a very short amount of time, including Tiffany Hsiao, Juanyuan Ji and Beini Zhao (all left for Artisan). This has been discussed ad nauseam in other threads. Never seen anything like it in all my years.
Sometimes the real story is not in the performance numbers!
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Numbers aside, the more alarming issue at Matthews is the exodus of portfolio manager talent that has occured over the past 2-3 years. For a small team, they've lost 10+ really important portfolio managers to competitors in a very short amount of time, including Tiffany Hsiao, Juanyuan Ji and Beini Zhao (all left for Artisan). This has been discussed ad nauseam in other threads. Never seen anything like it in all my years.
Sometimes the real story is not in the performance numbers!