Funds

Anthony Bolton has told investors he has no regrets about taking on the Fidelity China Special Situations trust, despite a "disappointing" run of performance.

Fidelity's Anthony Bolton is set to retire next year, bringing to an end his 30-year career in fund management.

Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.

Architas has introduced a new charging option for its range of risk-rated passive investment funds.

ITs

Nitesh Shah, research analyst at ETF Securities, says while the price of gold has dipped recently, other precious metals could provide investors with a good return as economic conditions improve.

Platform giant Cofunds is set to report a significant drop in net retail sales of more than £1bn for 2012, compared to the previous year.

Total platform industry costs stood £50m higher than revenues in 2011 despite assets under administration of nearly £250bn, according to Altus.

Invesco Perpetual's head of investment Neil Woodford has begun building new positions in a number of businesses across his £25bn fund range over the past year.

Cofunds has reported an annual profit fall of 15% for 2012, despite increasing turnover and assets under administration (AUA).