Matthews Asia fund manager Mattock suggests China is the 'missing piece' for boosting AI exposure
Andrew Mattock, a portfolio manager at Matthews Asia, advises investors seeking to increase their artificial intelligence exposure to target China, noting that broad emerging market strategies are often ineffective in capturing Chinese AI opportunities. His Matthews China Fund (MCHFX), which invests at least 80% in Chinese companies, is down 4% year-to-date as of Friday's close, with top holdings including Tencent and Alibaba. Separately, Appaloosa Management founder David Tepper has expressed renewed interest in China, while KraneShares' Brendan Ahern recommends using options to manage volatility in Chinese ETFs like KWEB, which is down over 27% this year.
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