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Yup - and prior to starting to assist in managing MACSX, he started as an Investment Analyst at Matthews Asia in 1998. He was also the founder and lead co-manager of MAPIX when it started in 2006.
Hi David --- some things I'd like to know when y…
On the equities portion of MACSX (Growth & Income) --- it reminds me of a cross or blend between MAPIX and MAPTX based on the type of stocks I see and the country allocations.
MAPIX 4th QTR Commentary:
"As we enter the Year of the Dragon, worries over a drawn-out resolution to Europe’s debt crisis and a slowdown in China’s economic growth, will likely continue. While Asian equity markets on the whole look cheap compared …
http://markets.chron.com/chron/news/read?GUID=20493702
DoubleLine Launches DoubleLine Opportunistic Credit Fund
LOS ANGELES, Jan. 27, 2012 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund") has completed an initial public offeri…
Reply to @Old_Joe:
You have similar problems here in the US too:
http://www.nytimes.com/2008/01/15/washington/15bridge.html
http://hollywood.patch.com/articles/officials-at-helen-bernstein-ignored-warnings-of-shoddy-construction-work#photo-875816…
Q&A Insights with David Nadel, Royce Global investor/manager:
http://www.roycefunds.com/News/Commentary/2011/1215-david-nadel-looks-back-on-2011-global-market.asp
A Look Back at 2011’s Global Market and a Bullish Outlook for 2012
"We don't se…
Also, look who's flush with cash to buy condos in Miami as 2nd or 3rd vacation & rental homes?
http://www.bloomberg.com/news/2011-06-21/brazilians-buy-miami-condos-at-bargain-prices-after-45-surge-in-currency.html
Frederico Azevedo went to Flo…
I also like DEM as well partly because of the higher yield and bit of a value tilt. This ETF now has a solid $2.5B in assets. And it has done well since inception especially when you compare it to the other top EM funds.
Back to Mobius - I do wan…
Here's also his blog comments on 2011 and outlook for 2012:
http://mobius.blog.franklintempleton.com/2012/01/12/the-year-that-was-and-the-year-to-come/#more-1329
I do read Mobius' comments with interest around the various Emerging Market topics inc…
Reply to @AndyJ:
Yes thin trading can be a bit of a concern but I'm ok with it as I'm not doing frequest/periodic purchases. The discount can help offset some of that. Lately it's been at a 10% discount but recently with the good up performance o…
Sorry, in addition to "Stars in the Shadow" fund ARTGX I mentioned above, I also have FEO (First Trust/Aberdeen Emerging Opportunity)
http://www.mutualfundobserver.com/2011/04/first-trustaberdeen-emerging-opportunity-fund-feo/
2011 Q4 FPA Crescent Conference Call
Steven Romick, a Managing Partner of First Pacific Advisors LLC and President and CIO of FPA Funds Trusts FPA Crescent Fund (Nasdaq: FPACX a mutual fund managed by FPA) and the FPA Contrarian Value investment te…
A summary from someone (McMontana) on M*....
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Only a quick synopsis here - it's 45 minutes or so long, so is worth listening to, with the slides, when they make it available.
Risk and uncertainty's the theme: factors are the euromess, a possib…
It was interesting during the webcast that Gundlach said he couldn't understand why Templeton Global Fund, backed by the 2010 Morningstar Fixed Income Manager of the Year award winner, would go so heavily (40%) into Asian bonds in 2011....which turn…
I also like MAPTX (Pacific Tiger) as well in combination with MAPIX or MACSX because MAPTX has a deeper "emerging" flavor to it especially because it leaves out Japan and Australia.
http://news.morningstar.com/articlenet/article.aspx?id=530169
F…
So you're saying the US is in an odd handcuffed position? Sort of like being in an awkward and unpleasant position of being handcuffed between your wrists and your ankles while in prison? Not a pretty position to be in.
By the way - I also real…
Gundlach webcast today (Thurs - 1/5) at 1:15pm PST.
http://doublelinecapitallp.com/view.php/825777/53820
"Mr. Gundlach will be discussing the markets and his outlook for what he believes may be the best investment strategies and sector allocations…
Reply to @philpill:
No I do not think this is advertising at all. This board is about Mutual Fund news!
Andrew Foster was lead manager of the wonderful Asian fund, MACSX and also co-manager of MAPIX.....and he was also Research Director (Matthe…
Here's a summarized or Cliff notes version of that report:
http://www.marketwatch.com/story/mirae-asset-global-investments-releases-emerging-markets-outlook-2012-2011-12-12
NEW YORK, Dec 12, 2011 (BUSINESS WIRE) -- In a report issued today, senior…
Yup, MACX is $1B lighter since its closing at the beginning of this year and MSMLX is also $150M lighter (about 1/3rd of assets).
Here's the Matthews Asia announcement on the closing and addition of a 3rd co-manager to MACSX (...part of that reas…
Bud - good find!
Gundlach's webcast on Dec 13 touched upon this subject of his fund and risks. Good timing to hear directly from him about this topic. Replay of his webcast should be posted shortly.
I'm pretty sure if you re-read glampig's question, he's actually referring to the missing review and not that the fund itself is missing.
Under this list of "Most intriguing new funds"....
http://www.mutualfundobserver.com/category/funds/open_for…
Corzine was also ousted as CEO of Goldman Sachs in 1999 after big lossess from the downfall of LTCM from their bets on Russian Bonds. Hank Paulson helped to push him out.
And then isn't that nice? He then goes on to become Governor & Sena…
Reply to @Investor: Yes, I remember David Snowball wondering why there weren't any EM Balanced funds which FA users pointed out the CEF, FEO as the one and only one at that time...which also prompted David to write a review of FEO as one of his "St…
Oh sorry, I didn't catch it before.
Here's a Q&A with John Carlson (manager of FNMIX) and also taking a lead manager role for the new Fidelity Total Emerging Markets fund...
Is the emerging markets ride over?
Fidelity Viewpoints — 11/08/11
…
The market is giving you some of the largest blue chips at a discount. I think there are only four companies in America with a triple-A rating: ExxonMobil, J&J, Microsoft and ADP (ADP). Marry that with companies growing dividends for 20 years, …
Thanks for pointing out the recent wealthtrack guest.
Here's also an interview with Mark Holowesko in Barron's on Nov 12:
Paying Keen Attention to the Bottom Line
By LESLIE P. NORTON
Mark Holowesko of Holowesko Partners, an Olympian athlete, is…
http://www.forbes.com/sites/steveforbes/2011/10/24/steve-forbes-interview-david-riedel-international-investing-expert/
This is a bump up in case anyone missed it and still interested in reading. I thought this Q&A with David Riedel was pretty …
I had asked Eric, Grandeur Peak Global President & COO, about their EM investing skillset and experience and he gave a solid response....
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"One of the key reasons for leaving Wasatch to start our own firm was to be able to structure our res…
Interesting.....Nuveen Tradewinds David Iben has added AIG and is in the top 10 holding of his NWGRX fund.
Looks like Whitney Tilson is liking the banks now....
http://www.marketwatch.com/Story/story/print?guid=982B3AA0-FE71-11E0-96DF-002128040CF6…
Daniel Schmerin
Current
Director of Special Situations at FAIRHOLME CAPITAL MANAGEMENT, LLC
Past
- Chief Operating Officer, Public-Private Investment Program, Office of Financial Stability at U.S. DEPARTMENT OF THE TREASURY
- Director for Pr…
