Bearish sentiment on emerging markets has created buying opportunities, says Matthews Asia, which may look to launch Asia funds in Hong Kong, the firm's first outside the US.
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US fund house Matthews Asia plans to add two more staff in Hong Kong this year as it works to build a distribution network in the region, says CEO Bill Hackett.
Matthews Asia CIO Robert Horrocks spies opportunities from changing spending patterns in China. And while BoA Merrill warns of hot-money inflows, it too favours the consumer sector.