Uncertainty reigns over the split of Fidelity's Special Situations

Mirroring Fidelity's plan to split its £5.4bn Special Situations fund in two, Investment Week is in ...

Mirroring Fidelity's plan to split its £5.4bn Special Situations fund in two, Investment Week is in two minds as to the merits of its solution to Anthony Bolton's impending retirement. On the one hand it is good to finally get some idea of his plans and the future of Special Sits, on the other, the complex solution appears to reallocate the assets of thousands of small investors to an as-yet unknown strategy and manager. CON: If Anthony Bolton attended a company meeting but the firm couldn't tell him who would be running it in a year's time, or even what it would be producing, would he inv...