Investment Conundrums: Horrocks on Matthews Asia 'picking up good companies on the cheap' amid trade war

Making the most of geopolitical tensions

Matthews Asia is focusing efforts on "picking up good companies on the cheap", with the market reaction to the protracted US-China trade war continuing to hammer share prices in the firm's investment universe, according to CIO Robert Horrocks.

While there have been times when a breakthrough has seemed more likely, the US and China continue to trade blows in a conflict that has had a significant impact on international sentiment towards Asian equities. Trade wars - should you pick a side? By the end of the year, the US is set to raise existing tariffs on Chinese goods while imposing rates on a new range of imports, while China will hit another 3,000 US products in retaliation. The MSCI Asia ex-Japan index has been lumbered with high levels of volatility so far this year and is down by around 7.3% since its April peak to 9...