Anthony Bolton, one of the best-known names in fund management, is launching one of the biggest-ever investment trusts for private investors and hopes to raise £630m to pump into China. Shares in the new fund, to be called Fidelity China Special Situations, after the fund which made Bolton’s name, will start trading on the LSE in April. The Fidelity Special Situations trust run by Bolton averaged annual returns of 19.5% for 28 years from December 1979. See also FT Alphaville, here.
