relatively unknown manager will take on half of bolton's existing uk mandate
Fidelity is prepared to put a dilution levy of up to 0.8% on its forthcoming Global Special Situations fund for those investors looking to take more than £500,000 out. The fund will be created by splitting Anthony Bolton's existing UK Special Situations portfolio in two this September, with Bolton continuing to manage one half until he retires, and the rest put into a global mandate run by Jorma Korhonen. The existing vehicle is available via a number of offshore life wraps including those from Canada Life International, Friends Provident International, Royal Skandia and Prudential. Inves...
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