Matthews Asia to name China head in regional buildout

Even as certain big asset managers pare their Asian teams, a comparative minnow has just made a bold statement of intent with an eye-catching hire and the addition of two more offices in the region. The question is whether Matthews Asia’s business growth can match its ambitions in the region. The California-based firm, which manages $33 billion of assets, has brought in institutional business veteran Lindsay Wright as head of Asia and global chief operating officer, and is moving …