Nicholls ups gearing on China trust to capitalise on opportunities

IT best opportunity

clock • 2 min read
Dale Nicholls, manager of the China Special Situations trust

Dale Nicholls, manager of the China Special Situations trust

Dale Nicholls, portfolio manager of the £2.3bn Fidelity China Special Situations trust, is edging up the gearing on the trust as he take advantage of decent risk/reward opportunities.

"Looking at the net gearing for the trust that is clearly moving up as we capitalise on opportunities," the manager explained in a webinar. The trust has gearing at 28%, according to the Association...

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