Bolton's China trust joins FTSE 250

clock

Anthony Bolton's Fidelity China Special Situations investment trust will join the FTSE 250 index on 18 June.

The investment trust raised £460m during its initial public offering in April this year, making it one of the most successful emerging market fund launches in more than 20 years. Bolton says he has been travelling extensively and meeting a large number of companies in China since launching the fund. "I have been able to make the most of the market correction to purchase companies at attractive valuations and have now fully invested the proceeds from the IPO," Bolton says. "My enthusiasm for China after three months in the region is unstinted and I still believe it remains one of t...

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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read
FCA issues warning notice to Neil Woodford over liquidity failings

FCA issues warning notice to Neil Woodford over liquidity failings

The firm failed on four accounts between 2018 and 2019

James Baxter-Derrington
clock 11 April 2024 • 2 min read