Fidelity Special Sits On initial view, Fidelity Special Situations seems an odd choice for 'What's the Alternative?'. One of the best-performing funds of all time, it has made its investors very wealthy. Manager Anthony Bolton could well be the best manager in the UK and while he remains at the helm, no-one would suggest that investors would be better off elsewhere. But its future is uncertain following Fidelity's decision to split the fund. The second fund will have a different mandate, possibly pan-European and Bolton will only run one of the funds until he retires from day-to-day fund m...
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