Matthews Asia Manager Says China Is Missing Piece for AI Investors
· Business · CNBC, Reuters
Investors seeking exposure to artificial intelligence should include Chinese equities, according to Matthews Asia portfolio manager Andrew Mattock. Mattock stated that broad emerging market funds often lack meaningful allocations to Chinese AI stock leaders. Funds like the Matthews China Fund and KraneShares CSI China Internet ETF hold major positions in Tencent and Alibaba. While some hedge fund managers have increased their holdings in Chinese assets, others recommend utilizing options to protect against market volatility. Both the Matthews China Fund and the KraneShares ETF have experienced negative returns so far this year.
Why it matters
Global investors managing artificial intelligence allocations must evaluate whether broader emerging market strategies adequately capture the Chinese tech sector.
Read the original report — CNBC
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.