Shah the successor

Filling the shoes of the most famous fund manager in Europe would be a daunting task for some, but Anthony Bolton's successor is a braver man than most

When a manager announces his resignation and the group draws up its hit list of potential successors, there are usually several names in the frame. When the fund is as big - in both assets and reputation - as was the £2.7bn Fidelity Special Situations, run by veteran manager Anthony Bolton, the pressure to get that decision right is even greater. While Tim McCarron and John Stavis were two names expected to be on the list, Sanjeev Shah was another. Left-fielder Jorma Korhonen was awarded the newly created Global Special Situations fund following the controversial split of Bolton's vehic...