Fidelity has registered a China Special Situations company at Companies House in the clearest indication yet Anthony Bolton's new fund will be an investment trust.
The asset manager registered the new company at Companies House on 22 January, with the fund slated for launch in March. Final details of the fund are still being hammered out with the regulators but an investment trust is the most likely structure. Bolton is keen for strong supporters of his Special Situations fund throughout its 28 history to have the chance to access the new fund. IFAs have been notably large backers and the investment trust structure is one which the retail market is known to be comfortable with, both here and in Hong Kong. Bolton is also no stranger to running...
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