Chana Schoenberger 10.02.08, 6:00 PM ET Forbes Magazine dated October 27, 2008 Looking for stable stocks far from troubled U.S. shores? Jesper Madsen's Asian fund rides on a nice dividend cushion American investors tend to view the Far East as a place of storybook stocks. They buy with visions of an Asian Century giving rise to lush capital gains. Rare is the investor who views Asian stocks the way he does domestic ones--as value, growth or income plays. Jesper Madsen thinks that's silly. "They perform the way they do in the U.S.," he says. Madsen manages the Matthews Asia Pacific Equity Income Fund in San Francisco. The $100 million fund focuses on the Far East's dividend payers. Madsen's fund is down 16% so far this year. That puts it 14 points ahead of the dollar-denominated MSCI EAFE Index, which covers both Asian and...
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