Shah topped Bolton shortlist

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Outgoing Fidelity fund manager Anthony Bolton has revealed he made a shortlist of "three or four" people he felt could succeed him - and admitted Sanjeev Shah topped the list.

Shah was last night named as the man who will replace star performer Bolton as the new manager of the £3.2bn Fidelity Special Situations fund and will take full ownership of the fund on January 1 next year. He will also assume control of the £400m Fidelity Special Values investment trust from the same date. He currently runs Fidelity’s offshore European Aggressive fund and previously ran the firm's UK Aggressive portfolio where he notched up three years of strong returns. Speaking at the official unveiling of Shah as his replacement, Bolton says: “I have worked with Sanjeev for 11 years...

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