has been has been promoted by Matthews Asian Funds
to chief investment officer. Paul Matthews
, the previous CIO, will remain chairman and portfolio manager at Matthews. Headley will remain the lead portfolio manager of the Matthews Pacific Tiger Fund
and the Matthews Korea Fund
Matthews International Capital
Management, LLC, advisor to the Matthews Asian Funds, recently
announced that Mark W. Headley has been appointed the firm's Chief
Investment Officer. G. Paul Matthews, who has served as Chief
Investment Officer since he founded the firm in 1991, will remain the
firm's Chairman and a portfolio manager.
"Mark has played a key role in our company's growth and done an
outstanding job-most recently as Chief Executive Officer-but also as a
portfolio manager," said Matthews. "I believe that Mark is ideally
equipped to lead our growing team of investment professionals and
guide our investment process." In addition to his new role as CIO,
Headley is the lead portfolio manager of the Matthews Pacific Tiger
Fund and Matthews Korea Fund.
Headley's appointment as CIO is one of a number of recent changes at
Matthews intended to strengthen and broaden the company's management
team as it continues to participate in the ongoing evolution of Asia's
financial markets. Matthews recently announced that William J.
Guilfoyle joined the firm as Co-Chief Executive Officer to enable
Headley to devote his time to managing portfolios and the investment
team, while continuing as Co-CEO. Guilfoyle's appointment as Co-CEO
was also designed to complement the addition of William J. Hackett who
joined the company as President earlier this year.
"This expanded management team will enable Matthews to further enhance
our overall capabilities as we strive to create value for our clients
through Asia's continued economic growth," added Matthews.
Since its inception in 1991, Matthews International Capital
Management, LLC has focused solely on investing in Asia and as of
September 30, 2007 managed more than $12 billion in assets. Matthews
is the investment advisor to the nine no-load Matthews Asian Funds.
For more information please visit www.matthewsfunds.com.
Investing in foreign securities may involve certain additional risks,
including exchange-rate fluctuations, less liquidity, greater
volatility and less regulation. Single-country and sector funds may be
subject to a higher degree of market risk than diversified funds
because of concentration in a specific sector or geographic region.
You should consider the investment objectives, risks, charges and
expenses of the Matthews Asian Funds carefully before making an
investment decision. A prospectus with this information and other
information about the Funds may be obtained by calling 1-800-789-ASIA
or by visiting www.matthewsfunds.com. Please read the prospectus
carefully before investing as it explains the risks associated with
investing in international markets.
Matthews Asian Funds are distributed by PFPC Distributors, Inc.
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