IFAs get priority access to half of Bolton China trust

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Advisers and wealth managers will have access to half of the initial £630m capital raising for Anthony Bolton's Fidelity China Special Situations investment trust.

Bolton has stated his wish for the strong supporters of his UK Special Situations fund throughout his 28 tenure to have the chance to access the new trust, particularly the IFA marketplace. A public offer for shares in the company, issued at £1, will run from 26 February through to 5 April, ahead of a 19 April admission to the London Stock Exchange. Fidelity will reserve half the shares for the intermediary market, with the remaining issue for institutional investors. Fidelity China Special Situations plc shares will be eligible for ISA investments and applications may be made via ...

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