Mark W. Headley is Executive Chairman and Portfolio Manager at Matthews and rejoined the firm in April 2025. He first joined Matthews in April 1995 as Managing Director and senior analyst on the investment team. In 1999, Mark became President of Matthews and between 2002 and 2009, held both CEO and Co-CEO roles and between 2007 and 2009, he was also CIO. Throughout his time at the firm, Mark was a Portfolio Manager, which included the Matthews Pacific Tiger Fund, Matthews Korea Fund, Matthews China Fund, Matthews Japan Fund and the Matthews Asia Innovators Fund. Prior to joining Matthews, Mark held several key positions from 1989-1992 including with Newport Pacific Management and Newport Distributors, Inc. where he was an original member of the team that launched the first SEC-registered open-end Asia (ex-Japan) fund, the Newport Tiger Fund. Mark has appeared frequently in broadcast media, been widely quoted in major financial publications and participated in panel discussions at conferences of major financial institutions. He holds a B.A. in Economics and Politics from the University of California, Santa Cruz.

Kathy Xu is a Portfolio Manager at Matthews and joined the firm in 2026. From September 2023 to December 2025, she was Director and Head of North Asia Equities at APG Asset Management, where she oversaw a $3 billion North Asia all-cap equity strategy. Prior to this role, she served as Senior Portfolio Manager leading APG’s China A-Share Equity Fund from February 2018 to August 2023. Earlier in her career, Kathy was a graduate trainee at Aberdeen Asset Management and joined the firm’s Asian Equities team in 2007, and advanced to the role of Investment Manager in 2012 and went on to co-manage Aberdeen’s Chinese Equity Strategy and China A-Share Strategy from 2012 to 2017. Kathy obtained her Bachelor of Economics from Fudan University in 2006 and Master of Economics from The University of Hong Kong in 2007 sponsored by Swire scholarship. She is fluent in Cantonese, Mandarin and Shanghainese.