Anthony Bolton commits to at least two years on China fund

Anthony Bolton has committed to at least two years running Fidelity's new China fund.

Bolton, the Fidelity president of investments, will relocate to Hong Kong in the early part of 2010 in preparation for an expected March launch. No successor to Bolton on the fund will be named at launch and the 24-month term is only the minimum the manager has tied himself down for. Fidelity will be keen to avoid a repeat of the fevered speculation surrounding the appointment of a successor to Bolton's Special Situations fund in September 2006. The £6bn fund was eventually split into a UK Special Situations fund run by Sanjeev Shah and Global Special Situations, managed by Jorma Korh...