Fidelity’s Bolton still optimistic despite losses

Anthony Bolton has apologised to investors for the poor performance from his China Special Situations Fund, but remains positive about the future for the fund despite ‘brutal markets’

Anthony Bolton, the star manager of Fidelity’s £591m China Special Situations Fund, is still optimistic on China’s prospects despite heavy losses over the past 10 months.

The fund's net asset value was down 25.39% in the year to October 31, compared to the MSCI China benchmark, which was down 16.55% over the same period.

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