San Francisco, September 5, 2018—Matthews Asia (“Matthews”) today announced the appointment of Lindsay Wright as Head of Asia and Global Chief Operating Officer. As the former Co-Head of Investment Management and Head of Distribution, APAC for BNY Mellon, Lindsay has more than 30 years of investment management experience with the majority of that time in leading roles based in Asia Pacific.
In this newly created role, Lindsay will be responsible for overseeing the firm's Asia-based businesses. Working closely with the CEO and the firm's management team, she will help develop Matthews' long-term business strategy and global operating plan as the firm continues to grow to support its existing and growing client base in the region.
Based in Hong Kong, Lindsay will help develop and execute the firm's long-term strategic plans and assume responsibility for the oversight of its business activities and operations in Asia that contribute to positioning Matthews as a leading Asia investment solutions provider in the region.
Matthews has had a presence in Asia since 2010 when it opened an office in Hong Kong. Earlier in 2018, Matthews established a Wholly Foreign-Owned Enterprise (WFOE) in Shanghai and is currently evaluating future business opportunities in China.
In addition to the opening of the office in Shanghai, the firm also announced the opening of an office in Singapore which will have an initial focus on portfolio management activities, company research and client service. Over the coming months, Matthews expects to make new distribution and marketing hires in Singapore and Hong Kong that will strengthen its ability to service clients in the region. The opening of two new offices in Asia is consistent with the firm's global growth strategy and, as the business continues to grow, ensures the firm remains proximate to its clients and continues to deliver exceptional client service.
William Hackett, Chief Executive Officer, commented: “I am very pleased to welcome Lindsay to Matthews Asia. She has a long and proven track record in leadership positions in the asset management industry and I am confident she will make a significant contribution to the future success of our firm.
Her deep experience of developing successful businesses and supporting global operations will help accelerate our efforts to expand our business in the region. I look forward to working with her to develop and execute our global strategy and ensure operational excellence continues across our business.”
Commenting on the opening of two new offices: “Asia remains central to the firm's future development and long-term focus and we will continue to commit resources to support our growth strategy in the region. The opening of these two new offices is consistent with our global expansion efforts that began in Hong Kong eight years ago and demonstrates the potential we see in building on our existing relationships in Asia and providing a long-term commitment to servicing our clients in the region.”
Lindsay Wright, Head of Asia and Global Chief Operating Officer, commented: “I'm delighted to take up this new role with Matthews Asia. Matthews has made significant progress in building its brand and business in the region and I look forward to working with both the senior management teams and the local teams in Asia as we continue to develop and implement the firm's global growth strategy.”
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About Matthews Asia
Matthews Asia is an independent, privately owned firm headquartered in San Francisco with offices in London, Hong Kong, Shanghai and Singapore. Founded in 1991, the firm specializes in investing in Asia's equity and fixed income markets for institutions, intermediaries and retail investors worldwide. With US$33.8 billion in assets under management as of July 31, 2018 and 21 investment strategies, Matthews Asia employs a bottom-up, fundamental investment philosophy, with a focus on long-term investment performance.
This announcement is for informational purposes only and does not, in any way, constitute investment advice or an offer to sell or a solicitation of an offer to buy any security or product mentioned herein. Investing in international and emerging markets may involve additional risks, such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation.
Matthews Asia is the brand for Matthews International Capital Management, LLC and its direct and indirect subsidiaries.