Outgoing manager Anthony Bolton talks to his successor Dale Nicholls about the future strategy of the Fidelity China Special Situations investment trust.
Bolton steps down from the £510m trust in April as he retires from fund management, handing the portfolio to Nicholls, manager of the group's Pacific fund. Nicholls has a small-cap bias on his own Asia portfolio, in keeping with the strategy Bolton has been using on the investment trust. He discusses his plan to take the fund forward and improve performance, while Bolton reflects on three years running money in China, an experience which has been "more challenging" than he expected.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes