Fidelity to name Bolton's successor

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Fidelity is set to name the successor to its star fund manager Anthony Bolton, who will step down from front-line duties at the end of the year.

The announcement is being keenly awaited by advisers, many of whom have clients' money in the Special Situations fund. Fidelity is set to brief some advisers and wealth managers on the appointment at a dinner tonight, before making a formal statement to the Stock Exchange early tomorrow morning. See IFAonline.co.uk tomorrow morning to find out who will succeed Anthony Bolton. Bolton is the most successful fund manager in the country since he began running the firm’s flagship Special Situations fund in 1979. The fund has produced first-quartile performance in each of the past five years ...

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