FOCUS-US asset managers ready for turn in China sentiment with products stacked up devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Three straight years of losses from Chinese markets and anti-Beijing rhetoric from Washington have not deterred some U.S. asset managers from introducing products they hope will thrive if Chinese stocks rebound. China's markets have been hit by a long-lasting property crisis, slowing growth and geopolitical tension. The Institute of International Finance estimates $80 billion of outflows from Chinese portfolios last year, and the bellwether blue-chip CSI 300 Index has fallen 43% from its record high of three years ago.
Kelman Lazarov Inc. grew its stake in Matthews China Active ETF (NYSEARCA:MCH – Free Report) by 102.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 118,996 shares of the company’s stock after buying an additional 60,267 shares during the quarter. Matthews […]
SAN FRANCISCO, Oct. 10, 2023 (GLOBE NEWSWIRE) Matthews announces that the previously disclosed net asset value (NAV) per share of MCH on October 9, 2023 contained an error of greater than 1%. MCH’s NAV was restated effective as of October 10, 2023. ETF Name Ticker (NYSE Arca) Revised Original Adjustment Matthews China Active ETF MCH $20.19 $20.53 1.68% The NAV adjustment is a result of an error in calculating the NAV for MCH. Media Contact in the U.S.:Dukas Linden PRSarah Lazarus/Stephanie Dr
Altfest L J & Co. Inc. increased its position in Matthews China Active ETF (NYSEARCA:MCH – Free Report) by 2,449.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 657,009 shares of the company’s stock after buying an additional […]